Hospitality

Spencer, WV Hospitality Properties for Sale

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Creston, WV Reedy, WV Arnoldsburg, WV Walton, WV Le Roy, WV Newton, WV Gay, WV Normantown, WV
Motel Property with Mixed Lodging
Updated: Feb 19
Motel Property with Mixed Lodging

1158 Ripley Road, Spencer, WV 25276

$229,900
4.40 AC lot
4.4‑acre motel property along US 33 in Spencer, WV
2/3rds of the buildings have been freshly remodeled
Mix of efficiency apartments and motel type of rooms
Supports monthly tenants and VRBO type rentals
Guest laundry provides an additional onsite income stream
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1 active listing matches your search: Hospitality for sale in Spencer, WV. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

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

RV Park with Cabins
RV Park with Cabins

213 Lazy K Drive, Elkview, WV 25071

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

Combination of cabins, RV accommodations, river access, and a pond on a wooded property.

View details
Riverfront Campground with Boat Dock
Riverfront Campground with Boat Dock

64119 State Route 124, Reedsville, OH 45772

$71,000
1 acre
Road access

Six serviced camper sites are complemented by a dock, a covered shelter, and direct river access.

Utilities to site  Outhouse-style bathroom  Covered shelter  Boat dock  River access
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Campground With Cabins and RV Sites
Campground With Cabins and RV Sites

213 Lazy K Drive, Elkview, WV 25071

$3,700,000
66.25 AC lot

River-access campground with cabins, RV hookups, a lodge, and recreational water features.

View details
6-Site Campground with River Access
6-Site Campground with River Access

OH 124, Reedsville, OH 45772

$71,000
1 acre

Six hookup-equipped camper sites are served by public water and sewer.

Utilities to site  Boat dock  Outhouse-style bathroom  Covered shelter
View details

Off-Market Properties in Spencer, WV

Consider similar Off-Market properties in Spencer, 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.

33 Ripley Rd, Unit RT
HOTEL/MOTEL

33 Ripley Rd, Spencer, WV 25276-8727

Unit RT
Estimated value:
$285,000
2,200 sqft 2.50 AC lot
View details
33 Ripley Rd, Unit RT
HOTEL/MOTEL

33 Ripley Rd, Spencer, WV 25276-8727

Unit RT
Estimated value:
$295,000
1,764 sqft 1.50 AC lot
View details

Spencer, WV Hospitality Properties Market Trends and Statistics

Explore 3 hospitality properties for sale in Spencer, WV on our real estate platform.

Sale prices for hospitality properties in Spencer, WV average $229,900 — 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 1

Demographics Overview

Population 7,355
Population Growth (5Y) -5.9%
Median Household Income $38,750
College Educated 21.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
25276 $229.9K

Taxes & Financing

Tax Rate (average for all types) 2.12%
Property Tax per SF $23.84 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Roane County

New Delisted

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