501 Nevada Northern Rail Way - Storefront Retail/Office FOR SALE


Ely, NV 89301
$449,000 USD
775-289-3038
501 Nevada Northern Rail Way, Ely, NV for Sale
$449,000 USD
Storefront Retail/Office - FOR SALE
1/39
null | Request Cap Rate

501 Nevada Northern Rail Way
Ely, NV 89301


HIGHLIGHTS

  • Prime Commercial Location!

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

-

APN/PARCEL ID

002-065-01

ASK ABOUT THIS PROPERTY

Kenna AlmbergDesert Mountain RealtyMore Info
775-289-3038

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Kenna AlmbergDesert Mountain RealtyMore Info
775-289-3038

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.