Hospitality

Danville, WV Hospitality Properties for Sale

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Madison, WV Julian, WV Nellis, WV Alkol, WV Jeffrey, WV Chapmanville, WV Harts, WV Yawkey, WV
Restaurant and Motel Property
Updated: Aug 6, 2025
Restaurant and Motel Property

278 Park Avenue, Danville, WV 25053

$299,000
1.41 AC lot
Restaurant seats approximately 160 people across three separate dining areas
Includes motel with 18 rooms total
Restaurant is equipped to begin operating
Metal roof, block and drywall construction, and carpet flooring
Heat pump heating with central air cooling
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Restaurant and Motel Landmark
Updated: Aug 6, 2025
Restaurant and Motel Landmark

278 Park Ave, Danville, WV 25053

$299,000
1.41 AC lot
Established business with 42 years of operation and strong community ties.
Restaurant with seating for approximately 160 people and fully equipped for immediate operation.
Motel with 18 rooms providing a dual income stream.
Potential for increased income through kayak rentals due to riverfront property.
Opportunity to convert motel rooms into office spaces for monthly rental income.
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Danville, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

66-Acre Elk River Retreat
66-Acre Elk River Retreat

213 Lazy K Drive, Elkview, WV 25071

$3,700,000
8,714 sqft 66.25 AC lot

Versatile 66-acre estate with cabins, RV sites, and river access.

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RV Campground and Cabins
RV Campground and Cabins

213 Lazy K Drive, Elkview, WV 25071

$3,700,000
66.25 AC lot

Campground along the Elk River featuring RV sites with hookups, cabins, and a main lodge with guest amenities.

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Milton WV Commercial Land For Sale
Milton WV Commercial Land For Sale

660 Fox Fire Road, Milton, WV 25541

$675,000
2,500 sqft 26.28 AC lot

26.28 acre commercial property with utilities and amenities.

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Milton, WV Commercial Land
Milton, WV Commercial Land

660 Fox Fire Road, Milton, WV 25541

$675,000
2,500 sqft 24.00 AC lot

24 acres with utilities, campsites, pools, and structures.

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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.

32 Acres Development Opportunity
32 Acres Development Opportunity

700 New Goff Mountain Road, Cross Lanes, WV 25313

$1,300,000
31.89 AC lot

32 acres ideal for commercial development with utilities in place.

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Residential Land Near Hatfield McCoy
Residential Land Near Hatfield McCoy

Mc Carr, KY 41544

Contact for pricing
0.22 AC lot

0.22 acre residential lot near Hatfield McCoy ATV Trail.

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Riverfront Land Near Downtown
Riverfront Land Near Downtown

35th Street, Huntington, WV 25702

$75,000
3.46 AC lot

3.46 acre riverfront lot perfect for camping and recreation.

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Commercial Land Off U.S. 19
Commercial Land Off U.S. 19

405 Wood Mountain, Glen Jean, WV 25846

$1,800,000
23.00 AC lot

23-acre mostly forest tract with expressway frontage and commercial-grade utilities for outdoor, mixed-use development planning.

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Off-Market Properties in Danville, WV

Consider similar Off-Market properties in Danville, WV. 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.

270 Park Ave
HOTEL/MOTEL

270 Park Ave, Danville, WV 25053

Value Estimation by Request
0.36 AC lot
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271 Bradley Rd
HOTEL/MOTEL

271 Bradley Rd, Danville, WV 25053

Value Estimation by Request
4.84 AC lot
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Danville, WV Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in Danville, WV on our real estate platform.

Sale prices for hospitality properties in Danville, WV average $299,000 — 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

Motels 2

Demographics Overview

Population 3,828
Population Growth (5Y) -17.8%
Median Household Income $59,892
College Educated 18.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
25053 $299K

Taxes & Financing

Tax Rate (average for all types) 2.98%
Property Tax per SF $56.95 per SF
Tax Rate vs County Average 0.20 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Boone County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Boone County

Residential Income

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