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701 E Aultman St - ±4.05-Acre Commercial Development Opportunity 4.05 Acres of Commercial Land in Ely, NV 89301
Investment Highlights
- Seller worked with the City of Ely to approve an ordinance that allows for up to forty (40) gaming machines
- Limited Competition - Love’s and Golden Gate Petroleum are the only ‘Class A’ c-stores between Ash Springs & Wells
- Growth of US 93 (Great Basin Hwy) - Connects Phoenix, Vegas, and Boise
Executive Summary
***CONTACT BROKER FOR PRICING***
This ±4.05-acre development site is strategically located at the signalized corner of Hwy 50 (aka Great Basin Blvd) and Hwy 93 (aka E. Aultman St). The Property features 355’ of frontage along Hwy 93, offers outstanding visibility, and multiple access points.
The property benefits from strong vehicle exposure, capturing both east-west traffic along Highway 93 (±10,000 cars per day) and Highway 50 (±11,000 cars per day).
Zoned Commercial (C-2), the site allows for a wide range of uses including Convenient Store, hotel, retail, QSR, and mixed-use commercial development. With the limited QSR and restaurant competition, the site presents an opportunity for an operator / developer to achieve robust food service sales. Furthermore, the Seller worked with the City of Ely to approve an ordinance that allows for up to forty (40) gaming machines.
This ±4.05-acre development site is strategically located at the signalized corner of Hwy 50 (aka Great Basin Blvd) and Hwy 93 (aka E. Aultman St). The Property features 355’ of frontage along Hwy 93, offers outstanding visibility, and multiple access points.
The property benefits from strong vehicle exposure, capturing both east-west traffic along Highway 93 (±10,000 cars per day) and Highway 50 (±11,000 cars per day).
Zoned Commercial (C-2), the site allows for a wide range of uses including Convenient Store, hotel, retail, QSR, and mixed-use commercial development. With the limited QSR and restaurant competition, the site presents an opportunity for an operator / developer to achieve robust food service sales. Furthermore, the Seller worked with the City of Ely to approve an ordinance that allows for up to forty (40) gaming machines.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 4.05 AC |
| Zoning | Commercial (C-2) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.05 AC |
| Zoning | Commercial (C-2) |
1 Lot Available
Lot
| Lot Size | 4.05 AC |
| Lot Size | 4.05 AC |
This ±4.05-acre development site is strategically located at the signalized corner of Hwy 50 (aka Great Basin Blvd) and Hwy 93 (aka E. Aultman St).
Description
MAIN & MAIN LOCATION WITH OUTSTANDING VISIBILITY The Property is centrally located at the intersection of U.S. 93 and U.S. 50. Located 3.5 hours north of Las Vegas and 2.0 hours south of Wells, Ely is the largest city in the region and is a true ‘travel stop’ locations.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $133,898 | |
| Land Assessment | $78,734 | Total Assessment | $212,632 |
Property Taxes
Parcel Numbers
Land Assessment
$78,734
Improvements Assessment
$133,898
Total Assessment
$212,632
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701 E Aultman St - ±4.05-Acre Commercial Development Opportunity
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