Advertise
    Spencer, VA
    Grocery Store

    Spencer, VA Grocery And Convenience Stores for Sale

    Notify Me
    List
    Map
    Stoneville, NC Martinsville, VA Mayodan, NC Sandy Ridge, NC Patrick Springs, VA Fieldale, VA Stuart, VA Bassett, VA
    Mixed-Use Highway Retail & Apartments
    Updated: Jun 11
    Mixed-Use Highway Retail & Apartments

    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
    View details
    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 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.

    Corner Retail and Fuel Station Property
    Corner Retail and Fuel Station Property

    1264 S Boston Rd, Danville, VA 24540

    $725,000
    3,220 sqft

    Highly visible corner commercial property with multi-entrance access and large parking for convenience retail or automotive uses.

    View details
    Turnkey Market Opportunity in Mount Airy
    Turnkey Market Opportunity in Mount Airy

    1515 Fancy Gap Road, Mount Airy, NC 27030

    $380,000

    Formerly a successful deli and market, ready for new owner.

    View details
    Turn-Key Store in Mount Airy
    Turn-Key Store in Mount Airy

    1515 Fancy Gap Road, Mount Airy, NC 27030

    $400,000

    Ready-to-go store with displays, merchandise, and coolers included.

    View details
    Grocery-Anchored Shopping Center
    Grocery-Anchored Shopping Center

    1461 South Boston Road, Danville, VA 24540

    Contact for pricing
    59,410 sqft

    Food Lion-anchored center with in-place leases and updated improvements along a major retail corridor.

    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.

    Commercial Development Land
    Commercial Development Land

    Virginia Avenue, Martinsville, VA 24112

    $675,000
    8.75 AC lot

    8.75-acre commercial parcel beside Friedrichs Eye Center, recently staked, with access along Virginia Avenue in Martinsville.

    View details
    Commercial Land on Hicone Road
    Commercial Land on Hicone Road

    4520 Hicone Road #Tract 2, Greensboro, NC 27405

    $1,956,000
    7.28 AC lot

    7.28 +/- acres ideal for commercial development.

    View details
    Westlake Commercial Property for Sale
    Westlake Commercial Property for Sale

    Booker T Washington Hwy lot: 3, Hardy, VA 24101

    $2,200,000
    7.75 AC lot

    7.75 acres of prime commercial real estate in Westlake.

    View details
    Moneta, VA Commercial Land
    Moneta, VA Commercial Land

    Altice Rd, Moneta, VA 24121

    $150,000
    2.21 AC lot

    Commercial property in a growing community with many potential uses.

    View details

    Spencer, VA Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores 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 supermarkets 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 1
    Gas stations 1
    Grocery and convenience stores 1
    Showrooms 1
    Storefront properties 1

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Spencer, VA

    Most Searched ZIP Codes in Spencer, VA

    • 24165

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!