Storefront

Spencer, VA Storefront Properties 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 Billboard
Updated: Apr 29
Mixed-Use Property with Billboard

21912 A L Philpott Highway, Spencer, VA 24165

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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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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.

Liberty Street Retail Storefront
Liberty Street Retail Storefront

714 Liberty Street, Martinsville, VA 24112

$189,000
1,800 sqft 0.30 AC lot

Freestanding commercial space with an established florist-shop layout and access from a primary Martinsville approach.

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

100/104 S Market St, Madison, NC 27025

$685,000
15,540 sqft

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

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Storefront Property with Basement
Storefront Property with Basement

29 E Main Street, Martinsville, VA 24112

$99,900
7,920 sqft 0.10 AC lot

Two-story commercial building with unfinished lower-level space and three bathrooms.

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

100 100/104 S Market St, Madison, NC 27025

$685,000

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

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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 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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