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    Spencer, WV
    Hospitality

    Spencer, WV Hospitality Properties for Sale

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    Arnoldsburg, WV Creston, WV Reedy, WV Le Roy, WV Walton, WV Minnora, WV Newton, WV Gay, 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 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.

    Hospitality Land Development Site
    Hospitality Land Development Site

    6401 MacCorkle Avenue SE, Charleston, WV 25304

    Contact for pricing
    27,000 sqft 3.70 AC lot

    3.7-acre site with on-site utilities, located on MacCorkle Avenue SE across from McDonald's.

    View details
    Charleston Hotel with Guest Amenities
    Charleston Hotel with Guest Amenities

    1000 Washington St E, Charleston, WV 25301

    Contact for pricing
    88,556 sqft

    Established hotel property with in-room refrigeration, microwaves, LED televisions, and air conditioning.

    View details
    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
    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

    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%

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