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Established Restaurant with Additional Space
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351 Silver Street, Elko, NV 89801

Restaurant with dining space, bar, parking, and additional upstairs space.

Property Size7,289 SF
Lot Size0.17 Acres
Price / SF$87.80
Days on Market853

Property Features for 351 Silver Street

General Information

Standard status Active
Size 7,289 SF
Lot size 0.17 Acres
Property subtype Industrial

Building Details

Year Built 1948
Listing Agency: Coldwell Banker Excel
Listed By: Aintxane Whitaker · License #NV
Source: Crexi
Added: Apr 25, 2024 Changed: Aug 24 Last Checked: Aug 20 at 10:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Excel

Investment Insights

Based on property information with market context.

This established restaurant, a long-standing community fixture, offers 3,393 square feet of restaurant space, along with an additional 1,633 square feet upstairs, and 2,263 square feet of unfinished basement space, situated on a 7,400 square foot lot. The property includes its own parking lot and the potential to utilize the corridor for additional parking. The building features a dining area with an approximate capacity of 160 people and a recently renovated full bar, complete with a 3-tap kegerator, wine rack, wine fridge, and gas fireplace. Additional features include a register counter, two ADA-compliant bathrooms, two walk-in coolers, and built-in shelving. The upstairs area, previously used for rentals, presents various possibilities. Recent upgrades throughout the building contribute to a warm, upscale atmosphere, suitable for continuing the existing business or establishing a new concept.

Key Highlights

  • Established restaurant location with decades of service in the community.
  • Significant restaurant space: 3,393 sqft dining area with 160‑person capacity.
  • Recently renovated full bar with 3‑tap kegerator, wine rack, wine fridge, and gas fireplace.**

Property Analytics

Current Use

Luciano's Restaurant

Suggested Use

Top Pick Pharmacy HVAC Service Garden Center Dental Office Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,044
Businesses Nearby
Under-served
Demand for This Use

Demographics for 89801, NV

26,250
Population
11,079
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
87%
High-School Grad
1,212.7 sq mi
ZIP Area
22
Density / Sq Mi
$83,777
Median Household Income
$48,886
Median Earnings
$1,185
Median Rent
$278,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant with dining space, bar, parking, and additional upstairs space.
Where is this conventional restaurant located?
The property is located at 351 Silver Street Elko, NV.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Established restaurant location with decades of service in the community.; Significant restaurant space: **3,393 sqft dining area with 160‑person capacity.**; Recently renovated full bar with 3‑tap kegerator, wine rack, wine fridge, and gas fireplace.**
(775) 738-4078 Call to check price and availability
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