Motel

Wallace, NE Motels for Sale

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Hayes Center, NE Sutherland, NE
Motel and Residential Income Package
Updated: Oct 31, 2025
Motel and Residential Income Package

Wallace Trifecta-House, Trailer Home, Mo, Wallace, NE 69169

$360,000
Package includes three income‑producing properties in Wallace, NE: 415 N Commercial Ave house, 218 N Garrison Ave trailer home, and 409 N Commercial Ave motel.
415 N Commercial Ave: 1,528 SF home with 3 bedrooms, 2 bathrooms, 2 living areas, large 2‑car garage with workshop area, and covered patio.
218 N Garrison Ave: trailer home on a double lot with 2 bedrooms, 1 bathroom, detached 2‑car garage, and new AC unit.
409 N Commercial Ave motel: 5‑room setup with office; rental rooms include $600/month units (Rooms 3‑5), $780/month unit (Room 6), and $680/month (Room 1).
Multiple revenue streams across residential + motel + rental trailer, offering consistent rental income potential.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Wallace, NE, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Super 8 Ogallala Investment Opportunity
Super 8 Ogallala Investment Opportunity

500 East A South Street, Ogallala, NE 69153

$3,990,000
36,562 sqft

Branded hospitality property near I-80 and Lake McConaughy.

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Renovated Independent Motel Property
Renovated Independent Motel Property

250 Main St, Limon, CO 80828

$1,650,000

Renovated 39-room independent motel on a 1.03-acre site with 75 surface parking spaces and CH3 zoning.

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Motel Hospitality Property
Motel Hospitality Property

575 Colorado Ave, Limon, CO 80828

$2,500,000

For sale motel property located just off I-70 near Limon, Colorado.

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Hospitality Property with High CAP
Hospitality Property with High CAP

108 Prospector Dr, Ogallala, NE 69153

Contact for pricing

Hospitality property featuring 39 keys and a 17.14% CAP.

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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.

Fairplay Commercial Land on Highway
Fairplay Commercial Land on Highway

Us-285 lot: C01, Fairplay, CO 80440

$1,200,000
2.88 AC lot

2.88-acre commercial lot with highway frontage in Fairplay, Colorado.

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Level Development Land
Level Development Land

20th Ave NE/Co 57, Benson, MN 56215

$389,200
26.12 AC lot

Primarily level land zoned for urban development, fronting County Road 57 with planned west-side street extensions.

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Highway Frontage Commercial Land
Highway Frontage Commercial Land

Hwy 20 S, Greybull, WY 82426

$100,000
2.69 AC lot

Commercial land with highway frontage and available utilities.

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Highway Frontage Commercial Land
Highway Frontage Commercial Land

Hwy 20 S, Greybull, WY 82426

$80,000
1.50 AC lot

1.5 acre commercial land with highway frontage in Greybull.

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Wallace, NE Motels Market Trends and Statistics

Explore 1 motels for sale in Wallace, NE on our real estate platform.

Sale prices for motels in Wallace, NE average $360,000 — 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 $360K

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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