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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

    $1,900,000
    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 Property with Showroom
    Updated: Jun 16
    Mixed-Use Property with Showroom

    43 Old Well Rd, Spencer, VA 24165

    $1,900,000
    2,115 sqft
    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
    Three apartments: one 3‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
    Separate 2‑bedroom, 1‑bath brick home with enclosed porch and private driveway
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    Mixed-Use Commercial Property
    Mixed-Use Commercial Property

    43 Old Well Rd, Spencer, VA 24165

    $2,500,000
    2,115 sqft

    Mixed-use property on Rt. 58 with a convenience store and cafe area, gas station infrastructure, residential units, and a brick home.

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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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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Spencer, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Office Space
    Mixed-Use Property with Office Space

    33 Ellsworth Street, Martinsville, VA 24112

    $249,000
    1,768 sqft 0.17 AC lot

    The two-level layout combines work areas below with two bedrooms and a lounge upstairs.

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    Mixed-Use Property in Stoneville
    Mixed-Use Property in Stoneville

    106/108 Henry St, Stoneville, NC 27048

    $175,000
    4,700 sqft

    Mixed-use property with development potential in Stoneville business district.

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    Mixed-Use Building with Apartment Rough-Ins
    Mixed-Use Building with Apartment Rough-Ins

    106 106/108 Henry St, Stoneville, NC 27048

    $175,000

    Upper-level residential buildout is roughed in, while the ground floor supports flexible retail or office configuration.

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    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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    Spencer, VA Mixed-Use Properties Market Trends and Statistics

    Explore 4 mixed-use properties for sale in Spencer, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,877 square feet of properties for sale, with an estimated market value of $6,300,000.

    Sale prices for multi use buildings in Spencer, VA start at $1,900,000, averaging $2,100,000, and reaching up to $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)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Spencer, VA

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