Listing Agency: Old Fences Realty INC Show Phone

Listed By: David M. Greenlee · License #WV0015342 Show Phone

Added: Feb 19 Changed: Aug 26 Last Checked: Aug 26 at 7:06AM

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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 motel property occupies 4.4 acres along US 33 in Spencer, West Virginia. The lodging mix includes efficiency apartments for monthly tenants along with motel-style rooms suited to short-term rentals. Two-thirds of the buildings have been freshly remodeled, creating a combination of updated and existing accommodations.

A guest laundry adds an onsite service component, while additional land across the street is included for potential commercial use. The property supports both longer-term occupancy and VRBO-type rental activity within one hospitality-oriented asset.

Key Highlights

• 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

Property Analytics

Property Profile

Current Use

La Finca Mexican ... Restaurant

Suggested Use

Top Pick Auto Repair Shop Electrical Service Bakery Building Supply Locksmith Big Box & Wholesale Store

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

10

Businesses Nearby

Well-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

Questions? Ask Rey

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What type of property is this? Where is this motels located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Motel - Includes remodeled efficiency apartments, motel-style rooms, and 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: 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