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Mixed-Use Building with Apartments

211 Main Street, Spencer, WV 25276

For Sale
$199,000

Residential Income, Spencer, WV

Property Size4,312 SF
Price / SF$46.15
Days on Market10

Property Features for 211 Main Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning description Mixed Use
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2
Standard status Active
APN Spencer Corp., TM 4 Parcel 164
Size 4,312 SF

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1420

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Buildings 1
Listing Agency: Board-DePue Realty Co., LLC
Listed By: Jennifer Nichols · License #WV0007919
Added: Oct 28 Changed: Nov 6 Last Checked: Nov 6 at 9:06PM
MLS# 12056891

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

The 4,312-square-foot, two-story building dates to 1920 and contains three rental units: a ground-floor storefront and two apartments on the upper level. The storefront is occupied by a flower shop. The residential units have been renovated and provide a two-bedroom, one-bath layout and a one-bedroom, one-bath layout. Apartment features include central heating and cooling, updated kitchens, and natural light from replacement windows. The larger unit has 10.5-foot ceilings; the one-bedroom apartment has a vaulted ceiling and an on-demand water heater. A shared laundry and storage room with a fire exit is also located upstairs.

The property is on Main Street in Spencer, West Virginia. Water service is public, and the building's listed heating type is forced air.

Key Highlights

  • 4,312 square feet across two stories
  • Three rental units: one storefront and two apartments
  • Upper‑level apartments include two‑bedroom, one‑bath and one‑bedroom, one‑bath layouts

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Spencer Floral LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Electrical Service Bakery Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 25276, WV

7,226
Population
3,940
Households
1.8
Avg Household Size
45
Median Age
15%
College-Educated
83%
High-School Grad
164.8 sq mi
ZIP Area
44
Density / Sq Mi
$38,750
Median Household Income
$35,527
Median Earnings
$672
Median Rent
$109,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A ground-floor retail space is paired with two renovated apartments above.
Where is this mixed-use property located?
The property is located at 211 Main Street Spencer, WV.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 4,312 square feet across two stories; Three rental units: one storefront and two apartments; Upper‑level apartments include two‑bedroom, one‑bath and one‑bedroom, one‑bath layouts
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