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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 Mayodan, NC
    Former Family Dollar Store Available
    $975,000
    8,000 SF
    Former Family Dollar Store Available

    18309 A L Philpott Hwy, Spencer, VA

    8,000 SF retail building on high-traffic highway near Martinsville.
    • High traffic highway location
    • 8,000 square foot building, formerly a Family Dollar store
    • Located near Martinsville VA
    Updated: May 16, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Little Caesars in Collinsville, VA
    $1,131,630
    Little Caesars in Collinsville, VA

    Single tenant Little Caesars with drive-thru on hard corner.

    3460 Virginia Avenue, Collinsville, VA 24078

    View details
    Collinsville CVS Investment Opportunity
    $2,290,000
    13,049 SF
    Collinsville CVS Investment Opportunity

    NNN leased CVS with 15 years remaining in Collinsville.

    400 Riverside Dr, Collinsville, VA

    View details
    Former Ambulance Building For Sale
    Contact for pricing
    4,888 SF
    Former Ambulance Building For Sale

    4888 sq ft commercial building with parking.

    827 Starling Ave, Martinsville, VA 24112

    View details
    Former Restaurant in Historical Corridor
    $160,000
    0.73 Acres
    Former Restaurant in Historical Corridor

    Former restaurant in Martinsville's historical corridor with recent upgrades.

    410 Starling Ave, Martinsville, VA

    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 Development Land
    $675,000
    8.75 Acres
    Commercial Development Land

    8.75-acre commercial parcel beside Friedrichs Eye Center, recently staked, with access along Virginia Avenue in Martinsville.

    Virginia Avenue, Martinsville, VA 24112

    View details
    Prime Commercial Land For Sale
    $675,000
    Prime Commercial Land For Sale

    Commercial land for shopping center between Collinsville & Martinsville.

    000 Virginia Avenue, Martinsville, VA 24112

    View details
    Ridgeway, VA Land For Sale
    $188,000
    2.68 Acres
    Ridgeway, VA Land For Sale

    2.68 acres on Morehead Ave in Ridgeway, VA.

    342 Morehead Avenue, Ridgeway, VA 24148

    View details
    Martinsville, VA Commercial Land
    $79,900
    1.40 Acres
    Martinsville, VA Commercial Land

    Flat 1.4 acre lot suitable for commercial development.

    A L Philpott Hwy, Martinsville, VA 24112

    View details

    Spencer, VA Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 1 retail properties & spaces for sale in Spencer, VA on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for stores in Spencer, VA start at $975,000, averaging $975,000, and reaching up to $975,000 — 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

    Storefront properties 1

    Demographics Overview

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

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

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