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    Spencer, VA
    Storefront

    Spencer, VA Storefront Properties for Sale

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    Stoneville, NC Martinsville, VA Sandy Ridge, NC Stuart, VA Critz, VA Mayodan, NC Patrick Springs, VA Fieldale, VA
    Mixed-Use Property with Billboard
    Updated: Apr 29
    Mixed-Use Property with Billboard

    21912 A L Philpott Highway, Spencer, VA 24165

    Contact for pricing
    1,532 sqft 1.50 AC lot
    1 1/2‑acre commercial site along A.L. Philpott Highway (US‑58)
    B1 zoning supports commercial use
    Building constructed in 1950
    Existing tenant occupies the property on a month‑to‑month basis
    Billboard leased annually to a local church
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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 5 Potential Opportunities for your consideration. Besides 1 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.

    Two-Building Mixed-Use Property
    Two-Building Mixed-Use Property

    100 S MARKET ST, Madison, NC 27025

    Contact for pricing
    15,540 sqft

    Leased main-level storefronts accompany unfinished upper floors in a downtown commercial setting.

    View details
    Two-Building Mixed-Use Property
    Two-Building Mixed-Use Property

    100/104 S Market Street, Madison, NC 27025

    $750,000

    Occupied storefronts anchor the property, while unfinished upper stories offer room for future redevelopment subject to approvals.

    View details
    Retail Property With Workshop
    Retail Property With Workshop

    407 Patrick Avenue, Stuart, VA 24171

    Contact for pricing

    Fully leased downtown retail property with a fenced rear area and multiple covered improvements.

    View details
    Two-Level Office Building
    Two-Level Office Building

    102 W Blue Ridge Street, Stuart, VA 24171

    Contact for pricing

    Updated professional property with hardwood finishes, storage, and a partially leased configuration.

    View details

    Spencer, VA Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in Spencer, VA on our real estate platform. These investment opportunities span a total of 1,532 square feet of properties for sale.

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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%

    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

    • 24165

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