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    Spencer, VA
    Mixed-Use

    Spencer, VA Mixed-use Properties for Sale

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    Mixed-Use Property with Showroom
    Updated: Jun 11
    Mixed-Use Property with Showroom

    43 Old Well Rd, Spencer, VA 24165

    $2,500,000
    2,115 sqft 1.02 AC lot
    1.016‑acre mixed‑use property with 2,115 square feet of commercial building area
    Convenience store with in‑store café area and existing gas station infrastructure; fuel is not currently sold
    Three apartments: one 3BR/1BA unit and two 1BR/1BA units
    Separate brick home with 2BR/1BA, enclosed porch, and private driveway
    Highway‑front showroom and sales lot on Rt. 58
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    Mixed-Use Commercial Property
    Updated: Jul 6
    Mixed-Use Commercial Property

    43 Old Well Rd, Spencer, VA 24165

    $2,500,000
    2,115 sqft
    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
    Separate brick home with 2BD/1BA, enclosed porch, and its own private driveway
    One well and two septic systems servicing the property
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    Mixed-Use Property with Billboard
    Mixed-Use Property with Billboard

    21912 A L Philpott Highway, Spencer, VA 24165

    Contact for pricing
    1,532 sqft 1.50 AC lot

    B1-zoned site with a month-to-month tenant and annual billboard lease.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Spencer, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Level Office Building
    Two-Level Office Building

    8 LESTER ST, Martinsville, VA 24112

    Contact for pricing
    13,216 sqft 0.50 AC lot

    Vacant commercial building with open main-level areas, private offices, conference rooms, and a substantial parking area.

    View details
    Mixed-Use Property with Workshop
    Mixed-Use Property with Workshop

    610 South Memorial Boulevard, Martinsville, VA 24112

    Contact for pricing
    3,318 sqft

    Includes a garage/workshop and two apartments within a commercial mixed-use property.

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    Mixed-Use Property with Post Office
    Mixed-Use Property with Post Office

    22015 Jeb Stuart Hwy, Stuart, VA 24133

    Contact for pricing
    1,392 sqft 0.54 AC lot

    Includes a postal facility, rental house, and on-site parking and maneuvering area.

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    Take-Out Restaurant with Rental House
    Take-Out Restaurant with Rental House

    21845 Jeb Stuart Hwy, Stuart, VA 24171

    Contact for pricing

    Established restaurant property with a secondary residential structure and access from two roads.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Stokesdale Land with Highway Frontage
    Stokesdale Land with Highway Frontage

    192 Us Highway 220, Stokesdale, NC 27357

    $5,500,000

    Land with commercial potential on Highway 220.

    View details

    Spencer, VA Mixed-Use Properties Market Trends and Statistics

    Explore 3 mixed-use properties for sale in Spencer, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,762 square feet of properties for sale, with an estimated market value of $5,000,000.

    Sale prices for multi use buildings in Spencer, VA average $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,633
    Population Growth (5Y) +21.0%
    Median Household Income $62,206
    College Educated 8.5%

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24165 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 0.60%
    Property Tax per SF $1.23 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Henry County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Spencer, VA

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