Hotel

Wallace, NE Hotels for Sale

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Sutherland, NE Paxton, NE Hayes Center, NE
Hotel and Diner Event Space
Updated: May 29
Hotel and Diner Event Space

218 Commercial Ave, Wallace, NE 69169

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11,250 sqft
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
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 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

Opportunities in Nearby Cities

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

Historic Hotel with Restaurant and Bar
Historic Hotel with Restaurant and Bar

102 S MAIN AVE, Hyannis, NE 69350

$120,000
9,720 sqft

Historic Hyannis hotel offering 9 guest rooms, an attached apartment, and an on-site restaurant, bar, and beer garden.

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Hotel Portfolio with Two Keys
Hotel Portfolio with Two Keys

2725 ENTERPRISE RD, Goodland, KS

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50,602 sqft

Newer and renovated hotel properties offered together, providing a combined 148-room opportunity with leasehold structure.

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Historic Hotel with Restaurant
Historic Hotel with Restaurant

102 S MAIN AVE, HYANNIS, NE 693509700, Hyannis, NE 69350

$120,000
0.08 AC lot

Hospitality property combining guest lodging, a restaurant, bar, and an outdoor beer garden.

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Comfort Inn & Suites Opportunity
Comfort Inn & Suites Opportunity

2631 Enterprise Rd, Goodland, KS 67735

Contact for pricing

73-key hotel with strong revenue and convenient I-70 access.

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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

409 Commercial Ave, Wallace, NE 69169-8106

Estimated value:
$155,000
2,000 sqft 0.52 AC lot
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218 Commercial Ave
HOTEL

218 Commercial Ave, Wallace, NE 69169-8091

Estimated value:
$260,000
7,100 sqft 0.16 AC lot
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Wallace, NE 69169
HOTEL

Wallace, NE 69169

Estimated value:
$150,000
2,064 sqft 2.14 AC lot
View details

Wallace, NE Hotels Market Trends and Statistics

Explore 4 hotels 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.

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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%

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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