McLure Hotel
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
McLure Hotel
2 Properties Offered at $3,516,000 CAD in Wheeling, WV
Investment Highlights
- In 2021, $1.5 million was invested in updating and restoring this historic building.
- The hotel has direct access to a 220-space parking garage for hotel and ballroom guests.
- The McLure Hotel is located in an opportunity zone and qualifies for tax incentives.
Executive Summary
Nestled along the Ohio River and surrounded by inspiring American architecture and wilderness the property is a unique experience, a true piece of Americana. Presidents, Senators, actresses and actors have stayed at this historic hotel at one point in the hotel's 166 year history. This property offers an 8,000 square foot ballroom for conferences and events, extended stay options and a 7-story parking structure attached. An additional income stream comes along with a 30 unit apartment building positioned along the backside.
The McLure Hotel has 173 keys in a historic landmark hotel in the heart of downtown Wheeling.
The McLure Hotel has 173 keys in a historic landmark hotel in the heart of downtown Wheeling.
Property Facts
Price | $3,516,000 CAD | Number of Properties | 2 |
Price / SF | $29.53 CAD / SF | Individually For Sale | 0 |
Cap Rate | 11.78% | Total Building Size | 119,072 SF |
Sale Type | Investment | Total Land Area | 0.74 AC |
Status | Active |
Price | $3,516,000 CAD |
Price / SF | $29.53 CAD / SF |
Cap Rate | 11.78% |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 119,072 SF |
Total Land Area | 0.74 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
McLure House Apartments
1200 Market St, Wheeling, WV 26003 |
Multifamily | 21,672 SF | 1852 | - |
McLure Hotel
1200 Market St, Wheeling, WV 26003 |
Hospitality | 97,400 SF | 1852 | - |
1 of 1
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
McLure Hotel
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.