Mixed-Use Property with
For Sale
$1,900,000
43 Old Well Rd, Spencer, VA 24165
Highway-oriented commercial property combining retail, residential units, fuel infrastructure, and showroom space.
Property Size2,115 SF
Price / SF$898.35
Days on Market127
Property Features for 43 Old Well Rd
General Information
Standard status
Active
Size
2,115 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Taxes and HOA fees
Annual Taxes
$1,075
Building Details
Buildings
2
Listing Agency:
United Country Lambert Realty
(276) 694-2646
Listed By:
Johnny Lambert
(276) 952-5502
Source:
Exprealty
Added: Jun 16
Changed: Oct 19
Last Checked: Oct 19 at 7:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country Lambert Realty
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Investment Insights
Based on property information with market context.
This mixed-use property combines a convenience store with an in-store café area, a gas station setup, residential accommodations, and a separate brick home. The fuel operation is not currently selling fuel, while two 10,000-gallon fuel tanks remain in place and have recently been re-certified. Highway-front showroom space and a sales lot add dedicated areas for automotive, equipment, or retail display uses.
Residential improvements include three apartments: one owner-occupied three-bedroom, one-bath unit and two one-bedroom, one-bath rental units. The separate two-bedroom, one-bath brick home includes an enclosed porch and a private driveway. The property is served by one well and two septic systems and is located at 43 Old Well Rd in Spencer, Virginia, along Rt. 58.
Residential improvements include three apartments: one owner-occupied three-bedroom, one-bath unit and two one-bedroom, one-bath rental units. The separate two-bedroom, one-bath brick home includes an enclosed porch and a private driveway. The property is served by one well and two septic systems and is located at 43 Old Well Rd in Spencer, Virginia, along Rt. 58.
Key Highlights
- Mixed‑use property at 43 Old Well Rd in Spencer, VA 24165
- Gas station setup with two 10,000‑gallon fuel tanks
- Convenience store with in‑store café area
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 24165, VA
1,655
Population
731
Households
2.3
Avg Household Size
49
Median Age
8%
College-Educated
85%
High-School Grad
40.8 sq mi
ZIP Area
41
Density / Sq Mi
$62,206
Median Household Income
$36,533
Median Earnings
$1,091
Median Rent
$150,400
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Highway-oriented commercial property combining retail, residential units, fuel infrastructure, and showroom space.
Where is this mixed-use property located?
The property is located at 43 Old Well Rd Spencer, VA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Mixed‑use property at 43 Old Well Rd in Spencer, VA 24165; Gas station setup with two 10,000‑gallon fuel tanks; Convenience store with in‑store café area
