351 Silver St Elko, NV 89801
For Sale
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This Elko, Nevada commercial property, located at 351 Silver Street, zip code 89801, presents a unique investment opportunity. The 7,289 square foot building is classified as industrial and commercial, offering versatile usage potential. The property includes a main level with approximately 160-person capacity dining space, a recently renovated full bar featuring a 3-tap kegerator, wine rack, wine fridge, and gas fireplace. Additional amenities include a register counter, two ADA-compliant bathrooms, and two walk-in coolers. Built-in shelving is also present. Upstairs, there is an additional 1,633 square feet of space, previously used as rental units, offering significant redevelopment potential. A 2,263 square foot unfinished basement area provides further expansion possibilities. The property sits on a 7,400 square foot lot and includes its own parking lot, with additional parking available in the adjacent corridor. This established location offers a strong foundation for a thriving business, whether continuing the existing use or implementing a new concept. The asking price for this versatile property is $640,000.
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Luciano's Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZC · Elko, NVElko. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.