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    Spencer, VA
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    Spencer, VA Retail Properties & Spaces for Sale

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    Stoneville, NC Martinsville, VA Sandy Ridge, NC Stuart, VA Critz, VA Fieldale, VA Patrick Springs, VA Mayodan, NC
    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
    View details
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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 12 Potential Opportunities for your consideration. Besides 4 Active listings in Spencer, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Flex Building With Garage Bays
    Flex Building With Garage Bays

    8655 Fairystone Park Highway, Bassett, VA 24055

    $549,000
    5,600 sqft 1.57 AC lot

    Commercial building combines showroom, office, and service areas along a well-traveled highway in Bassett.

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    Martinsville, VA Gas Station Business
    Martinsville, VA Gas Station Business

    870 Preston Rd, Martinsville, VA 24112

    $800,000
    4,000 sqft

    Prime Real Estate & High-Cash-Flow Business in Martinsville, VA

    View details
    Convenience Store with Food Service
    Convenience Store with Food Service

    Bassett, VA 24055

    $399,000
    3,311 sqft 0.08 AC lot

    Food service capabilities complement the property’s convenience-store use.

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    Established Shopping Center
    Established Shopping Center

    2646 Greensboro Road, Martinsville, VA 24112

    $3,750,000

    Retail property built in 1987 and offered for sale.

    View details

    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.

    Commercial Land Near Retail
    Commercial Land Near Retail

    Virginia Avenue, Martinsville, VA 24112

    $675,000
    8.75 AC lot

    The parcel is recently staked off and sits beside Friedrichs Eye Center.

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    Prime Commercial Land For Sale
    Prime Commercial Land For Sale

    000 Virginia Avenue, Martinsville, VA 24112

    $675,000

    Commercial land for shopping center between Collinsville & Martinsville.

    View details
    Commercial Land Near Retail Anchor
    Commercial Land Near Retail Anchor

    342 Morehead Avenue, Ridgeway, VA 24148

    $188,000
    2.68 AC lot

    Commercial land along Morehead Avenue with potential for several small-business uses.

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    Land For Sale, Stuart, VA
    Land For Sale, Stuart, VA

    22132 Jeb Stuart Hwy, Stuart, VA 24171

    $85,000
    1.80 AC lot

    1.8 acre commercial land with road frontage on Rt. 58.

    View details

    Spencer, VA Retail Properties & Spaces Market Trends and Statistics

    Explore 4 retail properties & spaces 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 stores 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 4
    Gas stations 3
    Grocery and convenience stores 3
    Showrooms 2
    Auto shops 1

    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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