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Mixed-Use Apartment & Motel Property

1158 Ripley Road Spencer, WV 25276

Claim this Listing
For Sale
$239,900

COMMERCIAL - Spencer, WV

Lot size:
4.40 Acres
Added:
Feb 19, 2026
Days on Market:
143
Last Refresh:
Jul 12 at 4:06 am

Property Features for 1158 Ripley Road

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
4.40 Acres

Listing agent David M. Greenlee

Listing office Old Fences Realty INC 820 Capitol Street, Spencer, WV

Listing date Feb 19, 2026

MLS# 11659239

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This income property combines efficiency apartments with a mix of motel-type rooms. Public remarks indicate that two-thirds of the building has been freshly remodeled, supporting a continued short-term and monthly-tenant operating style. An on-site guest laundry is also included.

The property is located along US 33 in Spencer, Roane County, WV. Public remarks also note additional land across the street for other commercial pursuits.

For buyers or operators seeking a hospitality-adjacent residential income setup, this asset offers both efficiency apartment living and motel-style rooms under one roof, along with guest laundry to support day-to-day operations. The additional parcel across the street may provide flexibility for expanding or adding another compatible commercial use, subject to applicable approvals and requirements.

Key Highlights

  • Income potential from monthly tenants and VRBO rentals.
  • High‑traffic location on US 33.
  • Low vacancy rates due to lack of motels in the county.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

La Finca Mexican ... Restaurant

Suggested Use

Auto Repair Shop Electrical Service Bakery Building Supply Locksmith Big Box & Wholesale Store Cafe & Coffee Shop Barber Shop (Bike/Boat/Book/etc) Store Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Short term rental property - Rental-focused property with efficiency units, motel-style rooms, and an on-site guest laundry.
Where is this short term rental property located?
The property is located at 1158 Ripley Road Spencer, WV.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Income potential from monthly tenants and VRBO rentals.; High‑traffic location on US 33.; Low vacancy rates due to lack of motels in the county.
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