Motel

Spencer, WV Motels for Sale

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Arnoldsburg, WV Creston, WV Reedy, WV Left Hand, WV Walton, WV Orma, WV Minnora, WV Chloe, WV
Motel Property with Mixed Lodging
Updated: Feb 19
Motel Property with Mixed Lodging

1158 Ripley Road, Spencer, WV 25276

$229,900
4.40 AC lot
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
Supports monthly tenants and VRBO type rentals
Guest laundry provides an additional onsite income stream
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Based on your search, we've compiled 7 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

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

23-Room Motel with Conference Room
23-Room Motel with Conference Room

2521 Lawn Rd, Meadow Bridge, WV 25976

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

Commercial lodging property with breakfast, conference, and guest-room amenities.

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23-Room Motel with Conference Room
23-Room Motel with Conference Room

2521 Lawn Road, Meadow Bridge, WV 25976

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

Well-kept lodging property with renovated guest accommodations, breakfast space, conference facilities, and internet access.

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Riverfront Motel With Residence
Riverfront Motel With Residence

1066 First Ave, Gallipolis, OH 45631

$650,000
2,812 sqft

Guest accommodations include a suite and a separate three-bedroom residence.

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Riverfront Motel with 7 Rooms
Riverfront Motel with 7 Rooms

1066 1st Ave, Gallipolis, OH 45631

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Riverfront motel offering 7 guest rooms and an on-site 3-bedroom, 1-bath residence for additional flexible use.

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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
$285,000
Estimated value
2,200 sqft 2.50 AC lot
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33 Ripley Rd, Unit RT
HOTEL/MOTEL

33 Ripley Rd, Spencer, WV 25276-8727

Unit RT
$295,000
Estimated value
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.

Sale prices for motels in Spencer, WV average $229,900 — 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 $229.9K

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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