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    Spencer, VA
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    Spencer, VA Gas Stations for Sale

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    Stoneville, NC Martinsville, VA Mayodan, NC Sandy Ridge, NC Patrick Springs, VA Fieldale, VA Stuart, VA Bassett, VA
    Highway-Front Fuel, Retail & Rentals
    Updated: Jun 11
    Highway-Front Fuel, Retail & Rentals

    43 Old Well Rd, Spencer, VA 24165

    $2,500,000
    2,115 sqft 1.02 AC lot
    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
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    Mixed-Use Commercial Property
    Updated: Jul 6
    Mixed-Use Commercial Property

    43 Old Well Rd, Spencer, VA 24165

    $2,500,000
    2,115 sqft
    High‑visibility mixed‑use property on Rt. 58 with convenience store and in‑store caf area
    Gas station infrastructure with two 10,000‑gallon fuel tanks; tanks were recently re‑certified (certification every 3 years)
    Residential income includes 3 apartments: one 3BD/1BA owner‑occupied unit plus two 1BD/1BA rental units
    Separate brick home with 2BD/1BA, enclosed porch, and its own private driveway
    One well and two septic systems servicing the property
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Commercial Property in Prime Location
    Commercial Property in Prime Location

    3980 S Main St, Blacksburg, VA 24060

    $2,000,000
    2,904 sqft

    2,904 SF commercial building with high visibility.

    View details
    Blacksburg Commercial Property For Sale
    Blacksburg Commercial Property For Sale

    3980 S Main Street, Blacksburg, VA 24060

    $2,000,000
    2,904 sqft 1.13 AC lot

    Commercial property in prime location between Christiansburg and Blacksburg.

    View details
    Mixed-Use Property in Ruffin, NC
    Mixed-Use Property in Ruffin, NC

    7980 N Carolina 700, Ruffin, NC 27326

    $475,000
    6,400 sqft 6.00 AC lot

    Income-producing 6-acre property with store, gas, and residential potential.

    View details
    High-Visibility Former Gas Station
    High-Visibility Former Gas Station

    9537 Us Highway 29 Business, Ruffin, NC 27326

    $169,000

    Former gas station offering high-visibility exposure and flexible zoning for a range of business possibilities.

    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.

    Corner Development Land with Utilities
    Corner Development Land with Utilities

    Fort Chiswell Road, Austinville, VA 24312

    $275,000
    3.83 AC lot

    C1-zoned corner lot with public water and sewer access, positioned for visibility off major routes near the Poplar Camp exit.

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    Burlington Land with Redevelopment Potential
    Burlington Land with Redevelopment Potential

    513 South Graham Hopedale Road, Burlington, NC 27217

    $250,000
    0.30 AC lot

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

    View details
    Commercial Development Land with Road Frontage
    Commercial Development Land with Road Frontage

    Lee Highway, Dublin, VA 24084

    $795,000
    12.65 AC lot

    Multi-venture development site with strong traffic counts and public utilities available for flexible commercial uses.

    View details
    Cleared Commercial Land with Utilities
    Cleared Commercial Land with Utilities

    4085 W Nc 152 Highway, China Grove, NC 28023

    $2,390,000
    9.50 AC lot

    9.5-acre level-to-gently sloping tract zoned CBI with three wells, septic systems, and multiple storage buildings.

    View details

    Spencer, VA Gas Stations Market Trends and Statistics

    Explore 2 gas stations for sale in Spencer, VA on our real estate platform. These investment opportunities span a total of 4,230 square feet of properties for sale, with an estimated market value of $5,000,000.

    Sale prices for gas stations in Spencer, VA average $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 2

    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 $2.5M

    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)

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    Most Searched ZIP Codes in Spencer, VA

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