501 Nevada Northern Rail Way
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501 Nevada Northern Rail Way
11,316 SF Vacant Retail Building Ely, NV 89301 £352,200 (£31/SF)
Investment Highlights
- Prime Commercial Location!
Executive Summary
Introducing an unparalleled investment opportunity at 501 Northern NV Rail Way, where commercial potential meets prime location. This expansive 11,263+/- square-foot property offers diverse retail possibilities and consistent foot traffic, perfect for savvy investors seeking a lucrative venture.
Step into this magnificent commercial space, which has recently seen updates that enhance its appeal and functionality. The main building is host to a thriving gym, alongside this, a popular sandwich, salad, and bakery shop operates from one side, combining delightful culinary options with convenience for visitors and locals alike.
For those seeking a more boutique retail experience, the property also includes two smaller spaces on the ground level with excellent street visibility facing 11th Street. One of these spaces was recently used as a hair salon, while the other continues to thrive as a tanning salon, showcasing the versatility and income potential of this property.
Adding to its allure, this commercial gem is located just two blocks away from the Historic Northern Nevada Railway. This proximity to a major local attraction not only ensures a consistent flow of potential customers but also positions the property as a go-to spot for tourists and locals looking to explore the rich history and culture of the area.
The strategic location ensures easy access to local amenities and services, enhancing its attractiveness to both tenants and customers.
Whether you're looking to harness its existing uses or envision new possibilities, this property offers a dynamic canvas for growth and innovation. Seize the chance to invest in a commercial space that not only promises strong returns but also supports the thriving local business ecosystem.
Don't let this prime investment slip through your fingers. Contact our dedicated real estate team today to schedule a viewing and discover firsthand the vast potential of this exceptional commercial property. Whether it's expanding your portfolio or stepping into your next successful venture, 501 Northern NV Rail Way awaits to fulfill your investment aspirations.
Step into this magnificent commercial space, which has recently seen updates that enhance its appeal and functionality. The main building is host to a thriving gym, alongside this, a popular sandwich, salad, and bakery shop operates from one side, combining delightful culinary options with convenience for visitors and locals alike.
For those seeking a more boutique retail experience, the property also includes two smaller spaces on the ground level with excellent street visibility facing 11th Street. One of these spaces was recently used as a hair salon, while the other continues to thrive as a tanning salon, showcasing the versatility and income potential of this property.
Adding to its allure, this commercial gem is located just two blocks away from the Historic Northern Nevada Railway. This proximity to a major local attraction not only ensures a consistent flow of potential customers but also positions the property as a go-to spot for tourists and locals looking to explore the rich history and culture of the area.
The strategic location ensures easy access to local amenities and services, enhancing its attractiveness to both tenants and customers.
Whether you're looking to harness its existing uses or envision new possibilities, this property offers a dynamic canvas for growth and innovation. Seize the chance to invest in a commercial space that not only promises strong returns but also supports the thriving local business ecosystem.
Don't let this prime investment slip through your fingers. Contact our dedicated real estate team today to schedule a viewing and discover firsthand the vast potential of this exceptional commercial property. Whether it's expanding your portfolio or stepping into your next successful venture, 501 Northern NV Rail Way awaits to fulfill your investment aspirations.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Building Size
11,316 SF
Building Class
B
Year Built
1956
Price
£352,200
Price Per SF
£31
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.47
Land Acres
0.55 AC
Parking
19 Spaces (2.01 Spaces per 1,000 SF Leased)
Frontage
154 ft on East 11th Street
Amenities
- Corner Lot
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £219,097 | |
| Land Assessment | £36,635 | Total Assessment | £255,732 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£36,635
Improvements Assessment
£219,097
Total Assessment
£255,732
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Kenna Almberg -
Desert Mountain Realty
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501 Nevada Northern Rail Way
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