McLure Hotel and Conference Center 1200 Market St 173 Room Hotel Wheeling, WV 26003 For Sale

Own a landmark asset with deep historical significance and strong redevelopment potential in the heart of Downtown Wheeling. The McLure Hotel and Conference Center features 173 rooms, including suites, set across seven stories, and encompasses approximately 97,400 square feet on a 0.64-acre site. Originally built in 1852 and renovated most recently in 2022, this property merges classic architecture with modern amenities, standing as a cornerstone of Wheeling’s rich heritage.
The facility includes a business center, on-site fitness amenities, public high-speed internet access, a dedicated conference and event space, and a full-service bar, supporting hospitality operations and event hosting. Ample structured parking is provided via an adjacent 220-space garage with direct connectivity. The site’s designation as an Opportunity Zone offers significant tax advantages for qualified investors, positioning it as a compelling candidate for adaptive reuse or continued hospitality service.
Located on Market Street, the McLure benefits from proximity to cultural attractions, commerce, and the Ohio River waterfront. Its downtown location ensures walkable access to restaurants, shops, and community amenities, while regional connectivity is supported by nearby Interstate 70 and local transit corridors. With its unique combination of history, flexibility, and location appeal, this property presents unparalleled potential for investors seeking a boutique hotel play, mixed-use conversion, or residential redevelopment in an appreciating urban market.