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    Spencer, WV
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    Spencer, WV Motels for Sale

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    Arnoldsburg, WV Creston, WV Reedy, WV Minnora, WV Walton, WV Newton, WV Normantown, WV Grantsville, WV
    Income-Producing Motel and Apartments
    Updated: Feb 19
    Income-Producing Motel and Apartments

    1158 Ripley Road, Spencer, WV 25276

    $229,900
    4.40 AC lot
    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.
    Two‑thirds of the buildings have been freshly remodeled.
    Guest laundry provides an additional income stream.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, WV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Well-Maintained Motel with Breakfast Area
    Well-Maintained Motel with Breakfast Area

    2521 Lawn Rd, Meadow Bridge, WV 25976

    $1,195,000
    11,728 sqft 1.18 AC lot

    A 23-room motel with on-site conference space and a breakfast area, supported by adjacent paved parking.

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    Well-Kept Motel Near Interstate 64
    Well-Kept Motel Near Interstate 64

    2521 Lawn Road, Meadow Bridge, WV 25976

    $1,195,000
    11,728 sqft 1.18 AC lot

    Charming 23-room motel with recent renovations and prime location.

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    Restaurant and Motel Property
    Restaurant and Motel Property

    278 Park Avenue, Danville, WV 25053

    $299,000
    1.41 AC lot

    Combined restaurant with motel accommodations, including three dining areas and 18 rooms with paved parking.

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    Restaurant and Motel Landmark
    Restaurant and Motel Landmark

    278 Park Ave, Danville, WV 25053

    $299,000
    1.41 AC lot

    Restaurant and motel landmark serving West Virginia for 42 years.

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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.

    Ashland Land Near Hatfield-McCoy Trails
    Ashland Land Near Hatfield-McCoy Trails

    5685 Cherokee Road, Ashland, WV 24868

    $85,000

    Three adjacent lots in ATV tourism hub with development potential.

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    Prime Land in Pine Ridge, KY
    Prime Land in Pine Ridge, KY

    9999 KY-15, Pine Ridge, KY 41360

    $229,000
    0.95 AC lot

    0.95-acre lot near Red River Gorge and Natural Bridge.

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    Commercial Lot by St Clair Creek
    Commercial Lot by St Clair Creek

    St Clair Creek Rd, Chilhowie, VA 24319

    Contact for pricing
    0.36 AC lot

    Commercial lot with potential for redevelopment by St Clair Creek.

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    Prime Land Ready for Redevelopment
    Prime Land Ready for Redevelopment

    6321 Miller Lane, Dayton, OH 45414

    $860,000
    5.44 AC lot

    Acreage zoned for Highway Business, ideal for commercial redevelopment.

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    Off-Market Properties in Spencer, WV

    Consider similar Off-Market properties in Spencer, WV. 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.

    33 Ripley Rd, Unit RT
    HOTEL/MOTEL

    33 Ripley Rd, Spencer, WV 25276-8727

    Unit RT
    Value Estimation by Request
    2,200 sqft 2.50 AC lot
    View details
    33 Ripley Rd, Unit RT
    HOTEL/MOTEL

    33 Ripley Rd, Spencer, WV 25276-8727

    Unit RT
    Value Estimation by Request
    1,764 sqft 1.50 AC lot
    View details

    Spencer, WV Motels Market Trends and Statistics

    Explore 3 motels for sale in Spencer, WV on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $239,900.

    Sale prices for motels in Spencer, WV start at $239,900, averaging $239,900, and reaching up to $239,900 — 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

    Motels 1

    Demographics Overview

    Population 7,355
    Population Growth (5Y) -5.9%
    Median Household Income $38,750
    College Educated 21.8%

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    25276 $244.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.12%
    Property Tax per SF $23.84 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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