Mixed-Use Commercial
43 Old Well Rd Spencer Spencer, VA 24165
43 Old Well Rd Spencer, Spencer, VA, 24165
$2,500,000
For Sale
$2,500,000
Mixed-use property on Rt. 58 with a convenience store and cafe area, gas station infrastructure, residential units, and a brick home.
Property Size2,115 SF
Price / SF$1,182
Days on Market17
Property Features for 43 Old Well Rd Spencer
General Information
- Standard status
- Active
- Size
- 2,115 SF
Building Details
- Year Built
- 1950
Listing agency
(540) 501-6123
Listed by
Neal Witt
(540) 501-6123
Source
Nexthomenrv
Added: Jul 6 Updated: Jul 22 at 2:40AM Checked: Jul 22 at 2:40AM
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 Neal Witt
Investment Insights
Based on property information with market context.
This versatile mixed-use property combines commercial and residential components in one high-visibility package. The offering includes a gas station setup that is currently not selling fuel, along with a convenience store and in-store cafe area. The site also includes three apartments: one spacious owner-occupied 3-bedroom, 1-bath unit and two additional 1-bedroom, 1-bath rental units. In addition, there is a separate brick home featuring 2 bedrooms, 1 bath, an enclosed porch, and its own private driveway.
A highway-front showroom space and sales lot are positioned along Rt. 58 for visible retail and display use, including automotive or equipment sales. The gas station portion includes two 10,000-gallon fuel tanks, which have recently been re-certified and require certification every three years.
Site services include one well and two septic systems.
A highway-front showroom space and sales lot are positioned along Rt. 58 for visible retail and display use, including automotive or equipment sales. The gas station portion includes two 10,000-gallon fuel tanks, which have recently been re-certified and require certification every three years.
Site services include one well and two septic systems.
Key Highlights
- High‑visibility mixed‑use property on Rt. 58 with convenience store and in‑store caf area
- Gas station infrastructure with two 10,000‑gallon fuel tanks; tanks were recently re‑certified (certification every 3 years)
- Residential income includes 3 apartments: one 3BD/1BA owner‑occupied unit plus two 1BD/1BA rental units
Property Analytics
Location Intelligence
Current Use by Public Records
Gas stations
FAQs
What type of property is this?
Mixed-use property - Mixed-use property on Rt. 58 with a convenience store and cafe area, gas station infrastructure, residential units, and a brick home.
Where is this mixed-use property located?
The property is located at 43 Old Well Rd Spencer Spencer, VA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High‑visibility mixed‑use property on Rt. 58 with convenience store and in‑store caf area; Gas station infrastructure with two 10,000‑gallon fuel tanks; tanks were recently re‑certified (certification every 3 years); Residential income includes 3 apartments: one 3BD/1BA owner‑occupied unit plus two 1BD/1BA rental units
