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    Spencer, VA
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    Spencer, VA Commercial Real Estate 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
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    Secluded Land with River Frontage
    $374,900
    10.25 Acres
    Secluded Land with River Frontage

    960 Riverview Road, Spencer, VA 24165

    10+/- acre retreat with river frontage and rental income.
    • 350 feet of Mayo River frontage on 10 secluded acres.
    • Established Airbnb/VRBO rentals (cabin and bathhouse).
    • Massive "mega barn" being designed as an event venue.
    • Well and power already in place.
    • Equipped for outdoor activities: trails, campsites, hunting stand.
    Updated: May 27
    View details
    Former Family Dollar Store Available
    $975,000
    8,000 SF
    Former Family Dollar Store Available

    8,000 SF retail building on high-traffic highway near Martinsville.

    18309 A L Philpott Hwy, Spencer, VA

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    Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 3 Active listings in Spencer, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 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.

    Fieldale, VA Land Parcel
    Contact for pricing
    0.50 Acres
    Fieldale, VA Land Parcel

    A-1 zoned land parcel close to local amenities.

    Lauren Mill Dr, Fieldale, VA 24089

    View details
    Fieldale Commercial Building For Sale
    $48,000
    640 SF
    Fieldale Commercial Building For Sale

    Commercial building with business and storage space in high-traffic area.

    767 Dillons Fork Rd, Fieldale, VA 24089

    View details
    Land Available in Bassett, VA
    Contact for pricing
    1.91 Acres
    Land Available in Bassett, VA

    1.91 acre lot with springs and creek near Martinsville.

    Jarrett, Bassett, VA 24089

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    LAND - Bassett, VA
    Contact for pricing
    1.91 Acres
    LAND - Bassett, VA

    1.91 acre lot with springs and creek near Martinsville.

    Jarrett Dr, Bassett, VA 24089

    View details

    Off-Market Properties in Spencer, VA

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

    921 Old Wl Rd
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    921 Old Wl Rd, Spencer, VA 24165

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    14 Pne Knl Rd
    COMMERCIAL (GENERAL)
    Lot: 1.01 Acres
    Value Estimation by Request

    14 Pne Knl Rd, Spencer, VA 24165-3331

    View details
    95 Ridgecrest Ave
    COMMERCIAL (GENERAL)
    660 SF
    Estimated value
    $600,000

    95 Ridgecrest Ave, Spencer, VA 24165

    View details
    Virginia Ave
    COMMERCIAL (GENERAL)
    Lot: 0.14 Acres
    Value Estimation by Request

    Virginia Ave, Spencer, VA 24165

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    20985 A L Philpott Hwy
    COMMERCIAL (GENERAL)
    Lot: 13.99 Acres
    Value Estimation by Request

    20985 A L Philpott Hwy, Spencer, VA 24165

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    22642 Al Philpott Hwy
    COMMERCIAL (GENERAL)
    1,296 SF Lot: 9.25 Acres
    Value Estimation by Request

    22642 Al Philpott Hwy, Spencer, VA 24165

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    22485 Al Philpott Hwy
    COMMERCIAL (GENERAL)
    1,200 SF Lot: 2.94 Acres
    Estimated value
    $2,155,000

    22485 Al Philpott Hwy, Spencer, VA 24165-3188

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    21912 Al Philpott Hwy
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    21912 Al Philpott Hwy, Spencer, VA 24165

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    Jeb Stuart Hwy
    COMMERCIAL (GENERAL)
    Lot: 11.65 Acres
    Value Estimation by Request

    Jeb Stuart Hwy, Spencer, VA 24165

    View details
    Stones Dairy Rd
    COMMERCIAL (GENERAL)
    Lot: 0.91 Acres
    Value Estimation by Request

    Stones Dairy Rd, Spencer, VA 24165

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    Rachel Ct
    COMMERCIAL (GENERAL)
    Lot: 0.50 Acres
    Value Estimation by Request

    Rachel Ct, Spencer, VA 24165

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    1100 Morehead Ave
    COMMERCIAL (GENERAL)
    Lot: 3.82 Acres
    Value Estimation by Request

    1100 Morehead Ave, Spencer, VA 24165

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    4317 Appalachian Dr
    COMMERCIAL (GENERAL)
    Value Estimation by Request

    4317 Appalachian Dr, Spencer, VA 24165

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    23300 Al Philpott Hwy
    COMMERCIAL (GENERAL)
    Lot: 3.93 Acres
    Value Estimation by Request

    23300 Al Philpott Hwy, Spencer, VA 24165-3220

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    43 Old Wl Rd
    COMMERCIAL (GENERAL)
    900 SF Lot: 1.02 Acres

    43 Old Wl Rd, Spencer, VA 24165-3179

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    30510 Jeb Stuart Hwy
    COMMERCIAL (GENERAL)
    Lot: 0.74 Acres
    Value Estimation by Request

    30510 Jeb Stuart Hwy, Spencer, VA 24165-3585

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    2160 Golf Crse Rd
    COMMERCIAL (GENERAL)
    Lot: 79.15 Acres
    Value Estimation by Request

    2160 Golf Crse Rd, Spencer, VA 24165

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    137 Coleman Ln
    COMMERCIAL (GENERAL)
    Lot: 26.10 Acres
    Value Estimation by Request

    137 Coleman Ln, Spencer, VA 24165-3502

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    Arrowhead Cir
    COMMERCIAL (GENERAL)
    Lot: 4.00 Acres
    Value Estimation by Request

    Arrowhead Cir, Spencer, VA 24165

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    17815 A L Philpott Hwy
    CHARITABLE ORGANIZATION
    Lot: 0.95 Acres
    Value Estimation by Request

    17815 A L Philpott Hwy, Spencer, VA 24165

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    Spencer, VA 24165
    VACANT COMMERCIAL LAND
    Lot: 8.70 Acres
    Value Estimation by Request

    Spencer, VA 24165

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    Spencer, VA Commercial Real Estate Investment Opportunities Market Analysis

    Explore 36 commercial real estate for sale in Spencer, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,115 square feet of properties for sale, with an estimated market value of $3,475,000.

    Sale prices for business properties in Spencer, VA start at $975,000, averaging $1,737,500, 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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    Demographics Overview

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

    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
    24165 $374.9K

    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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