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Multi-Tenant Storefront Property
New
For Sale
$499,000

409 Murry St, Ely, NV 89301

Fully leased commercial property with multiple street-facing suites and brick masonry construction.

Property Size5,692 SF
Days on Market6

Property Features for 409 Murry St

General Information

Standard status Active
Size 5,692 SF
Property subtype Multi Family
Occupancy 100%

Taxes and HOA fees

Annual Taxes $3,006

Building Details

Building Size 5,692 SF
Year Built 1945
Stories 1
Units 1
Construction brick and masonry
Tenancy Multi
Listing Agency: CONGRESS REALTY
Listed By: Jared A. English · License #0561973
Source: Elliman
Added: Sep 16 Last Checked: Sep 20 at 7:47AM

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 CONGRESS REALTY

Investment Insights

Based on property information with market context.

This commercial storefront property at 409 Murry St includes multiple street-facing suites within a brick and masonry building constructed in 1945. The configuration supports separate commercial occupants and provides distinct storefront identities along the property’s frontage.

The building is located in the downtown commercial district of Ely, Nevada, with direct positioning on Murry Street. Occupancy is reported at 100%, with leases in place across the property. Existing tenancy provides an established operating configuration, while the individual suites allow flexibility as leases mature, including continued leasing or potential owner occupancy.

Key Highlights

  • 100% occupied with leases in place
  • Multiple street‑facing commercial suites
  • Brick and masonry construction

Property Analytics

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Current Use

Experience Escapes Travel Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Parts Store HVAC Service Electrical Service Pharmacy

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Electronics 33%
Shell Shops & Services
1,610 visits/mo 0.4 miles
Verizon Electronics
779 visits/mo 0.2 miles

Demographics for 89301, NV

6,879
Population
2,959
Households
2.3
Avg Household Size
39
Median Age
14%
College-Educated
88%
High-School Grad
2,123.6 sq mi
ZIP Area
3
Density / Sq Mi
$74,695
Median Household Income
$56,076
Median Earnings
$854
Median Rent
$199,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Storefront property - Fully leased commercial property with multiple street-facing suites and brick masonry construction.
Where is this storefront property located?
The property is located at 409 Murry St Ely, NV.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 100% occupied with leases in place; Multiple street‑facing commercial suites; Brick and masonry construction
More about this property
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