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    Spencer, VA
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    Spencer, VA Storefront Properties for Sale

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    Stoneville, NC Martinsville, VA Mayodan, NC Sandy Ridge, NC Patrick Springs, VA Fieldale, VA Stuart, VA Bassett, VA
    Former Family Dollar Store Available
    Updated: May 16, 2025
    Former Family Dollar Store Available

    18309 A L Philpott Hwy, Spencer, VA

    $975,000
    8,000 sqft 2.30 AC lot
    High traffic highway location
    8,000 square foot building, formerly a Family Dollar store
    Located near Martinsville VA
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    NNN Retail Storefront Pair
    NNN Retail Storefront Pair

    629 & 633 Monroe Street, Eden, NC 27288

    $795,536
    4,781 sqft

    Two renovated NNN storefronts in downtown Eden, with one currently occupied and the other offered with business assets.

    View details
    Retail Building with Two Street Access
    Retail Building with Two Street Access

    227 S Scales Street, Reidsville, NC 27320

    $329,000
    18,000 sqft

    Downtown retail building with a two-story main room, rear entrance, and an on-site apartment.

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    Net-Leased Retail Storefront
    Net-Leased Retail Storefront

    519 MORGAN RD, Eden, NC 27288

    $1,327,040
    10,640 sqft

    For sale net-leased retail storefront with a recently extended lease term.

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    Redevelopment Opportunity Near Market Square
    Redevelopment Opportunity Near Market Square

    240 Scales Street, Reidsville, NC 27320

    $110,000

    Redevelopment opportunity with high foot traffic and off-street parking.

    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.

    Danville Vacant Residential Lot
    Danville Vacant Residential Lot

    120 Kennon Dr, Danville, VA 54540

    Contact for pricing
    0.18 AC lot

    Vacant lot in Danville, suitable for development or residential use.

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    Commercial Land Near University Parkway
    Commercial Land Near University Parkway

    6560 University Parkway, Rural Hall, NC 27045

    $40,000
    0.76 AC lot

    0.76-acre commercial land parcel near University Parkway and I-74.

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    Redevelopment Commercial Land Site
    Redevelopment Commercial Land Site

    2140 ROANOKE Street, Christiansburg, VA 24073

    $425,000
    0.46 AC lot

    Vacant general business parcel with rough grading, a planned 2,000 SF building footprint, and parking for commercial redevelopment.

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    Retail Space in Moneta, VA
    Retail Space in Moneta, VA

    Celebration Ave lot: 12, Moneta, VA 24121

    $510,000
    0.14 AC lot

    Retail space available in Downtown Moneta Towncenter.

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    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 8,000 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for retail units 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

    Commercial property segments ranked by active listings on the market

    Automotive properties 1
    Gas stations 1
    Grocery and convenience stores 1
    Showrooms 1
    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 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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