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About This Home

This 0-bedroom, 10-bathroom commercial at 1101 Aultman Street in Ely, NV is listed for $1,300,000 ($153 per sqft). Built in 1945, the home offers 8,474 sqft of living space on a N/A lot.

Agent Description

Business and Building is ready to add to your asset list and IMMEDIATELY begin generating revenues. This Magnuson Ely Hotel offers 300ft of frontage, its situated along the busiest highway in town, Aultman St./ Hwy 50 where numerous people set off on multi-day journeys across the state.

Ely is known for some of the best hunting in the state, offers recreational adventures, boasts 3 large operating copper and gold mine that has a steady stream of contractors, employees and support services needing a place to stay. The Ely Hotel boasts 21 guest rooms that are fully furnished and ready to rent!

The property has been continuously maintained both for operational reliability and guest satisfaction supporting return clientele. Ely Hotel's reception is greeted by welcoming staff, offers customers a breakfast/ snack nook and a place to sit and enjoy.

Behind the reception area, there is a large kitchen and office area where any food prep or administrative duties can be completed. To help operational efficiency, there's a comfortable onsite manager quarters/ apartment located above the front reception office of about 800sf. Seller Financing terms available for qualified applicants.

Key Features

  • Built in 1945

Property Details

10 full
1945

Amenities

ViewA/C

Monthly Cost Estimate

$6,953/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379

Estimates only. Actual payments may vary.

Location

1101 Aultman Street

Ely, NV 89301

ZX-Other/None

Features & Amenities

Interior Features

WindowTreatments

Exterior Features

CornerLotCoveredPatioLandscaping

Property Details

Flooring

CarpetLinoleum

Construction

Block

Views

City

Pool Features

Patio

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 10-bathroom commercial at 1101 Aultman Street is listed at $1,300,000 ($153/sqft). The estimated monthly payment is $5,633 based on 20% down at 6.5% interest.

Key features include: Built in 1945. Interior Features: WindowTreatments. Exterior Features: CornerLot, CoveredPatio, Landscaping.

This property is listed by Joe Brown and can be reached at 7757775311 or joe@cbelko.com.

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JB

Joe Brown

Agent at Coldwell Banker Commercial Excel

(775) 777-5311

Listed by Coldwell Banker Commercial Excel · View on Broker Site

MLS# 3625877· Source: listhub· Updated 416 days ago

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.

1101 Aultman Street, Ely, NV 89301

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