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Wallace, NE Hotels for Sale

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

218 Commercial Ave, Wallace, NE 69169

$210,000
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 12 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, 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.

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

102 S MAIN AVE, Hyannis, NE 69350

$195,000
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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Days Inn Hotel For Sale
Days Inn Hotel For Sale

3042 Silverberg Dr, Sidney, NE 69162

$2,300,000
22,236 sqft

Hospitality asset along Interstate 80 corridor in western Nebraska.

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Quality Inn Hotel For Sale
Quality Inn Hotel For Sale

730 E Jennifer Ln, Sidney, NE 69162

$1,550,000

55-room hotel near local attractions and Interstate 80.

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

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

$180,000
0.08 AC lot

Historic Hyannis hotel operating over 120 years with 9 guest rooms, an attached apartment, and a restaurant-bar-​​beer garden.

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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
Grand Island Commercial Opportunity

James Rd, Grand Island, NE 68803

$688,722
1.61 AC lot

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

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Horsetooth Reservoir Commercial Land Opportunity
Horsetooth Reservoir Commercial Land Opportunity

4025 W County Road 38 E, Fort Collins, CO 80526

$799,999

Commercial land near Horsetooth Reservoir with diverse development possibilities.

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Estes Park Development Opportunity
Estes Park Development Opportunity

W Elkhorn Rd, Estes Park, CO 80517

$2,295,000
2.08 AC lot

2.08 acres of A-zoned land near downtown Estes Park.

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A-1 Zoned Land Near Estes
A-1 Zoned Land Near Estes

State Highway 7, Estes Park, CO 80517

$899,000
5.47 AC lot

5.47-acre vacant land with A-1 zoning near Estes Park.

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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

Value Estimation by Request
2,000 sqft 0.52 AC lot
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218 Commercial Ave
HOTEL

218 Commercial Ave, Wallace, NE 69169-8091

Value Estimation by Request
7,100 sqft 0.16 AC lot
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Wallace, NE 69169
HOTEL

Wallace, NE 69169

Value Estimation by Request
2,064 sqft 2.14 AC lot
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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, with an estimated market value of $210,000.

Sale prices for resorts in Wallace, NE average $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 $210K

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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