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    267 Ripley Rd Spencer, WV 25276

    For Sale
    $110,000

    Commercial Building - Spencer, WV

    Days on Market:
    50
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 267 Ripley Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    Spencer Corp., TM 3 Parcel 254
    Parking features
    Garage

    Building Details

    Building materials
    Vinyl Siding
    Architectural style
    Other

    Board-DePue Realty Co., LLC (304) 927-3250

    Listing agent Jennifer Nichols (304) 927-3250

    Listing date Oct 27, 2025

    MLS# 11472447 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

    Recently Renovated Commercial Building

    Located on Ripley Road in Spencer, West Virginia, this recently renovated commercial building presents an excellent business opportunity. The property, formerly a Subway Pizza location, features an open concept layout with endless possibilities for commercial ventures. Situated in the heart of Spencer along busy Route 33, the handicap accessible frame building includes approximately 1,500 square feet of space. Recent upgrades include new flooring, new interior paint and walls, and new LED lighting. The metal roof was updated less than 5 years ago. The property also features central heating and cooling, all city utilities, and paved parking.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Dental Office Department Store Grocery Store Bar & Pub Electronics Store Wine and Liquor Store Nursing Home Assisted Living Facility Tattoo & Piercing Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Roane
    State
    West Virginia
    Longitude
    -81.358092
    Latitude
    38.803485

    Nearby Similar for Sale

    • $175,000

      Iconic Commercial Building in Spencer

      Prime commercial building with retail, office, and storage space.
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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
      View Details
    • $150,000
      2,520 SF

      Prime Spencer, WV Commercial Space

      2,520 sq ft, 0.05 acre lot, $150,000
      209 Church St, Spencer, WV 25276
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    FAQs

    What type of property is this?
    Retail space - Renovated commercial building in the heart of Spencer, West Virginia.
    Where is this retail space located?
    The property is located at 267 Ripley Rd Spencer, WV.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: - Excellent business opportunity in a recently renovated building.; - Prime location in the heart of Spencer along busy Rt. 33.; - Handicap accessible with approximately 1,500 sq ft of space.
    (304) 927-3250
    Request Owner's contact information
    267 Ripley Rd Spencer, WV 25276
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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
    267 Ripley Rd Spencer, WV 25276
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