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    218 Market St Spencer, WV 25276

    New
    For Sale
    $175,000

    Commercial Building - Spencer, WV

    Days on Market:
    5
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 218 Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    08-04-73 & 106
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Joe R. Pyle Complete Auction and Realty Service (304) 592-6000

    Listing agent Keith Hare (304) 592-6000

    Listing date Dec 3, 2025

    MLS# 11614023 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Commercial Building in Spencer

    This commercial property is situated directly across from the Roane County Courthouse in Spencer. The property consists of two attached brick buildings, blending historic charm with modern functionality. The main floor features an expansive open layout with modern updates, suitable for retail, office, or showroom use. Amenities include multiple offices, restrooms, break rooms, and overflow space. The property showcases originally preserved upper floors and a basement, adding character and potential for future development. Additional warehouse space sits both below and above the main building, offering storage or operational capacity. The second building includes offices or apartment opportunities on the upper level, expanding its income-producing versatility. A loading dock and rear entrance enhance functionality and access.
    Location Intelligence

    Current Use by Public Records

    Fruth Pharmacy - Store ... Pharmacy Western Union Money Transfer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Willow Drug, Walmart Pharmacy, Staats Pharmacy, John Buck, John E. Corkrean III, RPh

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Roane
    State
    West Virginia
    Longitude
    -81.35092
    Latitude
    38.802399

    Nearby Similar for Sale

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    • $1,050,000
      11,027 SF

      Retail Property in Spencer, WV

      Retail property available for sale in Spencer, West Virginia.
      106 Parking Plz, Spencer, WV
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    • $150,000
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      Prime Spencer, WV Commercial Space

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    FAQs

    What type of property is this?
    Drug store - Prime commercial building with retail, office, and storage space.
    Where is this drug store located?
    The property is located at 218 Market St Spencer, WV.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Prime location directly across from the Roane County Courthouse, offering unmatched visibility and street presence.; - Expansive open layout on the main floor with modern updates, suitable for retail, office, or showroom use.; - Versatile space with multiple offices, restrooms, break rooms, and overflow areas.
    (304) 592-6000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    218 Market St Spencer, WV 25276
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