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    Spencer, VA Automotive Properties for Sale

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    Stoneville, NC Martinsville, VA Mayodan, NC
    Mixed-Use Highway Retail & Apartments
    $2,500,000
    2,115 SF
    Mixed-Use Highway Retail & Apartments

    43 Old Well Rd, Spencer, VA 24165

    High-visibility Rt. 58 property combining a former gas station convenience store, caf area, showroom, and multiple apartments.
    • High‑visibility commercial property on Rt. 58 with highway‑front showroom and sales lot
    • Includes former gas station setup and convenience store with in‑store caf area (currently not selling fuel)
    • Mixed residential income: one 3BR/1BA owner‑occupied apartment plus two 1BR/1BA rental apartments
    • Separate brick home on‑site with 2BR/1BA, enclosed porch, and private driveway
    • Year built: 1950
    Updated: Jun 11
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mayodan Commercial Property with Potential
    $219,500
    3,472 SF
    Mayodan Commercial Property with Potential

    3.29 acres with commercial zoning and multiple income streams.

    854 NC Highway 770, Mayodan, NC 27027

    View details
    Auto Shop with Lifts
    $225,000
    3,260 SF
    Auto Shop with Lifts

    Two-level auto shop with lifts and ample parking.

    1925 Old Chatham Rd, Martinsville, VA 24112

    View details
    New Firestone Auto Care Investment
    $5,473,180
    6,607 SF
    New Firestone Auto Care Investment

    New construction Firestone in Martinsville, VA with long-term lease.

    399 W Commonwealth Blvd, Martinsville, VA 24112

    View details
    Versatile Property with Mixed Zoning
    $219,500
    3,400 SF
    Versatile Property with Mixed Zoning

    3.29 acres with commercial building and residential potential.

    854 NC Highway 770, Mayodan, NC 27027

    View details

    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.

    Martinsville, VA Commercial Land
    $79,900
    1.40 Acres
    Martinsville, VA Commercial Land

    Flat 1.4 acre lot suitable for commercial development.

    A L Philpott Hwy, Martinsville, VA 24112

    View details
    Land Parcels Adjacent to Home Depot
    Contact for pricing
    2.30 Acres
    Land Parcels Adjacent to Home Depot

    Parcels near Home Depot suitable for retail and hospitality.

    3217 Hershberger Rd. |, Roanoke, VA 24017

    View details
    Burlington Land with Redevelopment Potential
    $250,000
    0.30 Acres
    Burlington Land with Redevelopment Potential

    0.299-acre lot in Burlington with office/institutional zoning.

    513 South Graham Hopedale Road, Burlington, NC 27217

    View details
    Corner Lot in Thomasville
    $195,000
    Corner Lot in Thomasville

    Commercial lot with highway frontage near Walmart and shopping.

    0 Liberty Drive, Thomasville, NC 27360

    View details

    Spencer, VA Automotive Properties Investment Opportunities Market Analysis

    Explore 1 automotive properties for sale in Spencer, VA on our real estate platform. These investment opportunities span a total of 2,115 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for automotive businesses in Spencer, VA start at $2,500,000, averaging $2,500,000, and reaching up to $2,500,000 — 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

    Gas stations 1

    Demographics Overview

    Population 1,633
    Population Growth (5Y) +21.0%
    Median Household Income $62,206
    College Educated 8.5%

    Taxes & Financing

    Tax Rate (average for all types) 0.60%
    Property Tax per SF $1.23 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Henry County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Henry County

    Retail

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