505 Murry StEly, NV 89301

  • Commercial real estate
  • 5,862 SF
For Sale
$299,000 View listing

Property Details for 505 Murry St

Year built
1906
Lot size
0.33 AC
Property size (Sq ft)
5,862 SF
Property type
Commercial real estate
APN
001-284-15
APU
128415

Description

This exceptional 5,862 square foot storefront property, located at 505 Murry Street in Ely, Nevada, presents a unique investment opportunity. Built in 1906, this historic building boasts a rich history and charming character. The property includes the former St. Lawrence Hall, featuring a beautiful mature landscaped courtyard enclosed by a brick fence. This versatile space offers numerous potential uses, including weddings, funerals, parties, reunions, and more. Recent improvements include new windows and a commercial kitchen. The chapel area is equipped with a heating and air conditioning unit, and St. Lawrence Hall itself contains two bathrooms. Priced at $55 per square foot, this property represents a compelling value in the heart of Ely, White Pine County, zip code 89301. The property's size and historical significance make it an ideal investment for a discerning buyer seeking a unique and versatile commercial space. This is a rare opportunity to own a piece of Ely's history and capitalize on its potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,712,985
    Hospitality
    $1,569,085
    Educational
    $1,305,460
    Medical
    $1,350,357
    Retail
    $2,030,716
505 Murry St, Ely, Nevada

Location Insight

City
Ely
County
White Pine
State
Nevada
Latitude
39.2468
Longitude
-114.894

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,463
$12,985
$27,788
$40,773
-
$37,099
$79,393
$116,492

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