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Spencer, NC

Spencer, NC Commercial Real Estate for Sale

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Salisbury, NC East Spencer, NC Cleveland, NC

Renovated Commercial Hub on 1.38 Acres

Updated: Feb 27

Renovated Commercial Hub on 1.38 Acres

1108 Salisbury Ave, Spencer, NC 28159

$450,000

2,989 sqft · 1.38 AC lot

Meticulously renovated 5,989 sq ft commercial building on 1.38 acres, ready for immediate occupancy.
Dual‑zone layout with high‑end office space and a proven revenue‑generating event space.
Extensive top‑to‑bottom renovation ensures a maintenance‑free transition.
Massive 3,000 sq ft unfinished basement with a large bay door for storage, workshop, or expansion.
New paved parking lot, fresh concrete work, and professionally graded backyard for optimal drainage.

Downtown Spencer Commercial Development Opportunity

Updated: Apr 29, 2025

Downtown Spencer Commercial Development Opportunity

505 S Yadkin Avenue, Spencer, NC 28159

$50,000

0.16 AC lot

Prime commercial development opportunity in the heart of downtown Spencer.
High‑visibility location with unmatched potential for growth and investment.
Steps away from popular attractions like the NC Transportation Museum and NC Museum of Dolls, Toys & Miniatures.
Located in a thriving small town focused on business development and community revitalization.
New Downtown Park under construction nearby, increasing foot traffic.

Downtown Spencer Commercial Development Opportunity

Downtown Spencer Commercial Development Opportunity

505 S Yadkin Avenue, Spencer, NC 28159

$50,000

High-visibility commercial land in Spencer's thriving business district.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Downtown Spencer Commercial Development Opportunity

Downtown Spencer Commercial Development Opportunity

505 S Yadkin Avenue, Spencer, NC 28159

$50,000

High-visibility commercial land in Spencer's thriving business district.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Spencer, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Development Land Parcel

Development Land Parcel

Boundary Street, East Spencer, NC 28144

$799,900

35.11 AC lot

Large development tract in East Spencer, NC with flexibility for residential, mixed-use, or commercial planning.

Salisbury, NC Land For Sale

Salisbury, NC Land For Sale

Yadkin Avenue, Salisbury, NC 28144

Contact for pricing

1.28 AC lot

1.28 acre commercial land parcel in Salisbury, North Carolina.

Cleared Land Near Medical Facilities

Cleared Land Near Medical Facilities

Tabor Drive, Salisbury, NC 28144

Contact for pricing

0.40 AC lot

Cleared land near interstate, medical offices, and hospitals.

I-85 Frontage Land Parcel

I-85 Frontage Land Parcel

Mccanless Road, Salisbury, NC 28146

$171,900

5.00 AC lot

High-visibility land parcel with I-85 and McCanless Road frontage.

Off-Market Properties in Spencer, NC

Consider similar Off-Market properties in Spencer, NC. 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.

1303 Salisbury Ave

RETAIL STORES (PERSONAL SERVICES)

1303 Salisbury Ave, Spencer, NC 28159-1918

Value Estimation by Request

14,960 sqft · 0.67 AC lot

112 Salisbury Ave

VACANT COMMERCIAL LAND

112 Salisbury Ave, Spencer, NC 28159-2428

Value Estimation by Request

1,923 sqft · 0.22 AC lot

316 Salisbury Ave

WAREHOUSE, STORAGE

316 Salisbury Ave, Spencer, NC 28159-2237

Value Estimation by Request

2,100 sqft · 0.05 AC lot

429 Salisbury Ave

CONVENIENCE STORE

429 Salisbury Ave, Spencer, NC 28159-2515

Value Estimation by Request

1,776 sqft · 0.33 AC lot

510 Salisbury Ave

RETAIL STORES (PERSONAL SERVICES)

510 Salisbury Ave, Spencer, NC 28159-2102

Value Estimation by Request

2,911 sqft · 0.15 AC lot

VACANT COMMERCIAL LAND

3rd St, Spencer, NC 28159

Value Estimation by Request

0.33 AC lot

514 Salisbury Ave

RETAIL STORES (PERSONAL SERVICES)

514 Salisbury Ave, Spencer, NC 28159-2102

Value Estimation by Request

5,400 sqft · 0.08 AC lot

1200 Salisbury Ave

VACANT COMMERCIAL LAND

1200 Salisbury Ave, Spencer, NC 28159-1917

Value Estimation by Request

0.22 AC lot

VACANT COMMERCIAL LAND

129 5th St, Spencer, NC 28159-2125

Value Estimation by Request

3,075 sqft · 0.09 AC lot

707 Salisbury Ave

WAREHOUSE, STORAGE

707 Salisbury Ave, Spencer, NC 28159-1824

Value Estimation by Request

4,280 sqft · 0.29 AC lot

300 Salisbury Ave

MEDICAL BUILDING

300 Salisbury Ave, Spencer, NC 28159-2514

$610,000

Estimated value

4,058 sqft · 0.67 AC lot

310 Salisbury Ave

RETAIL STORES (PERSONAL SERVICES)

310 Salisbury Ave, Spencer, NC 28159-2237

$535,000

Estimated value

13,500 sqft · 0.24 AC lot

437 Salisbury Ave

CONVENIENCE STORE

437 Salisbury Ave, Spencer, NC 28159

Value Estimation by Request

2,005 sqft · 0.64 AC lot

VACANT COMMERCIAL LAND

Salisbury Ave, Spencer, NC 28159

Value Estimation by Request

0.04 AC lot

310 Salisbury Ave

DRIVE-THRU RESTAURANT, FAST FOOD

310 Salisbury Ave, Spencer, NC 28159-2514

Value Estimation by Request

3,362 sqft · 0.76 AC lot

1205 Salisbury Ave

COMMERCIAL (GENERAL)

1205 Salisbury Ave, Spencer, NC 28159-1916

Value Estimation by Request

3,190 sqft · 0.54 AC lot

630 Salisbury Ave

AUTO REPAIR, GARAGE

630 Salisbury Ave, Spencer, NC 28159-1823

Value Estimation by Request

3,000 sqft · 0.30 AC lot

VACANT COMMERCIAL LAND

103 9th St, Spencer, NC 28159-2004

Value Estimation by Request

0.17 AC lot

VACANT COMMERCIAL LAND

112 6th St, Spencer, NC 28159-2110

Value Estimation by Request

0.17 AC lot

VACANT COMMERCIAL LAND

505 Yadkin Ave, Spencer, NC 28159

Value Estimation by Request

0.16 AC lot

Spencer, NC Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Spencer, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,989 square feet of properties for sale, with an estimated market value of $475,000.

Sale prices for business properties in Spencer, NC start at $475,000, averaging $475,000, and reaching up to $475,000 — 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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Demographics Overview

Population 3,181

Population Growth (5Y) +9.4%

Median Household Income $63,396

College Educated 26.8%

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
28159	$200.8K

Taxes & Financing

Tax Rate (average for all types) 1.13%

Property Tax per SF $12.54 per SF

Tax Rate vs County Average 0.11 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

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