McLure Hotel
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McLure Hotel
2 Properties 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
Sale Type | Investment | Individually For Sale | 0 |
Status | Active | Total Building Size | 119,072 SF |
Number of Properties | 2 | Total Land Area | 0.74 AC |
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 | - |
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McLure Hotel
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