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Hotel Portfolio with Two Operating Hotels
For Sale
$3,000,000

Aultman Street, Ely, NV 89301

CommercialSale, Ely, NV

Property Size16,791 SF
Lot Size2.13 Acres
Price / SF$178.67
Days on Market551

Property Features for Aultman Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 7, Bathroom 6, Bathroom 10, Bathroom 8, Bathroom 9, Bathroom 2
Exterior features CornerLot, Storage
Accessibility Accessible Approach with Ramp
Subdivision ZX-Other/None
View Valley, City, Mountains
Standard status Active
APN 001-199-050,001-218-
Size 16,791 SF
Lot size 2.13 Acres

Taxes and HOA fees

Tax Annual Amount 13870

Utilities

Heating system Electric (Heating), Baseboard, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Flooring type Laminate, Vinyl, Tile, Concrete
Building materials Block
Roof type Metal, Membrane, Asphalt
Additional Structures Storage, Shed(s)
Listing Agency: Coldwell Banker Commercial Excel · Coldwell Banker Real Estate
Listed By: Joe Brown · License #S.0195641
Added: Feb 18, 2025 Changed: Aug 19 Last Checked: Aug 23 at 11:06PM
MLS# 3625879

Copyright © 2026 Elko County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This hotel portfolio consists of 6 City of Ely parcels in the heart of downtown Ely. Two parcels are operating hotels, including Park Vue and Ely. The remaining parcels include properties with old structures that are ready to be demoed and revamped for the buyer’s next business venture. Services, business, property, structures, and franchise are intended to transfer with the sale, and seller financing may be available for qualified applicants.

The combined site is a 2.1288-acre corner lot with storage and accessible features, including an accessible approach with ramp. Construction materials include block, and the property was built in 1950. Interiors include a mix of flooring types, and the building systems feature central air with forced air, electric heating, and baseboard heating. Water is provided via public source.

The offering is structured for buyers seeking a hospitality-focused acquisition that combines existing operations with redevelopment-ready parcels.

Key Highlights

  • Bundle of 6 City of Ely parcels in downtown Ely
  • Includes two operating hotels: Park Vue and Ely
  • 2.1288‑acre corner lot with storage

Property Analytics

Current Use

Hotels

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - A six-parcel hotel portfolio on a corner lot that includes two operating properties and additional structures for redevelopment.
Where is this hotel located?
The property is located at Aultman Street Ely, NV.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Bundle of 6 City of Ely parcels in downtown Ely; Includes two operating hotels: Park Vue and Ely; 2.1288‑acre corner lot with storage
More about this property
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