Listing Agency: Old Fences Realty INC

Listed By: David Greenlee · License #0015342 Show Phone

Source: Oldfences

Added: Oct 30 Changed: Oct 31 Last Checked: Oct 31 at 3:05AM

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Investment Insights

Based on property information with market context.

This motel property combines efficiency apartments with motel-style rooms. The reported rental mix includes monthly tenants and short-term stays, and a guest laundry is on site. Two-thirds of the buildings have been remodeled.

The property fronts US 33. Additional land is located across the street and may support commercial pursuits.

Key Highlights

• Efficiency apartments and motel‑style rooms
• 2/3rds of the buildings have been freshly remodeled
• Rental mix includes monthly tenants and VRBO‑type stays

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

La Finca Mexican ... Restaurant

Suggested Use

Top Pick Electronics & Wireless Store Bar & Pub Department Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

338

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 25276, WV

7,226

Population

3,940

Households

1.8

Avg Household Size

45

Median Age

15%

College-Educated

83%

High-School Grad

164.8 sq mi

ZIP Area

44

Density / Sq Mi

$38,750

Median Household Income

$35,527

Median Earnings

$672

Median Rent

$109,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Retail Property with National Tenants

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12,800 SF

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Frequently Asked Questions

What type of property is this?

Motel - A mix of monthly and short-term lodging is supported by on-site guest laundry facilities.

Where is this motel located?

The property is located at 1158 Ripley Road Spencer, WV.

What is the asking price?

The asking price for this property is $229,900.

What are key features of this property?

This property features: Efficiency apartments and motel‑style rooms; 2/3rds of the buildings have been freshly remodeled; Rental mix includes monthly tenants and VRBO‑type stays