Wallace, NE
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    Wallace, NE Hospitality Properties for Sale

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    Sutherland, NE
    Wallace Nebraska Investment Opportunity
    $360,000
    Wallace Nebraska Investment Opportunity

    Wallace Trifecta-House, Trailer Home, Motel, Wallace, NE 69169

    Three income-producing properties: house, trailer, and motel in Wallace, NE.
    • Three income‑producing properties (house, trailer, motel) offered as a package deal.
    • Multiple revenue streams from residential, motel, and rental trailer.
    • Motel with 5 rooms and an office offers consistent rental income potential.
    • Residential home features 3 bedrooms, 2 bathrooms, 2‑car garage, and workshop.
    • Trailer home on a double lot with 2 bedrooms, 1 bathroom, and a new AC unit.
    Updated: Oct 31, 2025
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    Hotel and Diner Event Space
    $210,000
    11,250 SF
    Hotel and Diner Event Space

    218 Commercial Ave, Wallace, NE 69169

    A 10-room lodging property with an on-site diner and event rentals, plus a manager unit and guest laundromat.
    • Wallace Hotel in Wallace, NE offers daily and monthly rates and includes 10 hotel rooms/suites plus an owner/manager unit
    • On‑site public laundromat with multiple washers and dryers provides additional income
    • 1950s‑style diner available for event rentals for groups up to 40 people
    • Owner/manager unit is 3 bed, 4 bath and includes an office, living room, dining room, kitchen, and basement with workshop and storage
    • Lodging mix includes 3 rooms with full‑size bed and bath; rooms with queen bed and kitchenette; and multiple 2‑bedroom suites with kitchens, living rooms, and baths
    Updated: May 29
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Wallace, NE, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Super 8 Ogallala Investment Opportunity
    $3,990,000
    36,562 SF
    Super 8 Ogallala Investment Opportunity

    Branded hospitality property near I-80 and Lake McConaughy.

    500 East A South Street, Ogallala, NE 69153

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    Days Inn Hotel For Sale
    $2,300,000
    22,236 SF
    Days Inn Hotel For Sale

    Hospitality asset along Interstate 80 corridor in western Nebraska.

    3042 Silverberg Dr, Sidney, NE 69162

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    Quality Inn Hotel For Sale
    $1,550,000
    Quality Inn Hotel For Sale

    55-room hotel near local attractions and Interstate 80.

    730 E Jennifer Ln, Sidney, NE 69162

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    Hospitality Property with High CAP
    Contact for pricing
    Hospitality Property with High CAP

    Hospitality property featuring 39 keys and a 17.14% CAP.

    108 Prospector Dr, Ogallala, NE 69153

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Grand Island Commercial Opportunity
    $688,722
    1.61 Acres
    Grand Island Commercial Opportunity

    Prime commercial land in a high-growth Grand Island location.

    James Rd, Grand Island, NE 68803

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    Mixed-Use Development Land Parcel
    $3,200,000
    5.00 Acres
    Mixed-Use Development Land Parcel

    Five-acre commercial parcel with direct access off Yellowstone Road and Mixed Use zoning for flexible development.

    6810 YELLOWSTONE RD, Cheyenne, WY 82001

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    I-25 Interchange Development Land
    $7,500,000
    39.78 Acres
    I-25 Interchange Development Land

    39.78 acres of divisible commercial land with strong visibility.

    7795 Frontage, Fort Collins, CO 80528

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    57 Acres Highway Commercial Land
    $4,200,000
    57.00 Acres
    57 Acres Highway Commercial Land

    57 acres of commercial land with highway frontage.

    4326 County Road 38, Platteville, CO 80651

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    Off-Market Properties in Wallace, NE

    Consider similar Off-Market properties in Wallace, NE. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    409 Commercial Ave
    HOTEL
    2,000 SF Lot: 0.52 Acres
    Value Estimation by Request

    409 Commercial Ave, Wallace, NE 69169-8106

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    218 Commercial Ave
    HOTEL
    7,100 SF Lot: 0.16 Acres
    Value Estimation by Request

    218 Commercial Ave, Wallace, NE 69169-8091

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    Wallace, NE 69169
    HOTEL
    2,064 SF Lot: 2.14 Acres
    Value Estimation by Request

    Wallace, NE 69169

    View details

    Wallace, NE Hospitality Properties Investment Opportunities Market Analysis

    Explore 5 hospitality properties for sale in Wallace, NE on our real estate platform. These investment opportunities span a total of 11,250 square feet of properties for sale, with an estimated market value of $210,000.

    Sale prices for hospitality properties in Wallace, NE start at $210,000, averaging $210,000, and reaching up to $210,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    Demographics Overview

    Population 465
    Population Growth (5Y) -21.1%
    Median Household Income $39,792
    College Educated 29.6%

    High-Yield Neighborhoods for Investment

    Identify Wallace submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    69169 $360K

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $28.28 per SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

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