43 Old Well Rd, Spencer, VA

Name: 43 Old Well Rd, For Sale in Spencer - Zoocasa
Brand: United Country Lambert Realty
SKU: 110601
Price: 2500000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,500,000

0010

MLS® 110601

Overview

Key Facts

Type

Levels Commercial Sale

Size 2115 sqft

Garage

Taxes $1,075

Days Active 0

Lot Size

Approx. Age 1950

Avg. Price Per Sqft $1,182

MLS® Number 110601

Property Address: 43 Old Well Rd, Spencer, VA, 24165

Average square foot calculated using Size range provided by listing agent.

Description

High-visibility commercial property with excellent frontage on Rt. 58, offering multiple income streams and outstanding business potential. This versatile mixed-use property includes a gas station, convenience store with caf area, residential rental units, a separate brick home, and highway-front showroom space ideal for automotive or equipment sales. The commercial building features a gas station setup (currently not selling fuel) with two 10, 000-gallon fuel tanks. The tanks are required to be certified every three years and have recently been re-certified, providing added value and peace of mind for future operations. The property also includes a convenience store and in-store caf area, creating opportunities for retail, food service, or a combination of both. Residential improvements include three apartments: a spacious owner-occupied 3-bedroom, 1-bath apartment, plus two additional rental units, each offering 1 bedroom and 1 bath, providing consistent income potential. A separate brick home adds further value and flexibility, featuring 2 bedrooms, 1 bath, an enclosed porch, and its own private driveway. The property is serviced by one well and two septic systems. The highway-front showroom and sales lot provide exceptional visibility and exposure along Rt. 58, making the property ideal for auto sales, equipment sales, retail display, or other commercial ventures.

MLS® Number110601

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1950

Basement

DrivewayParking 10+ Spaces

Garage Spaces

HeatHeat Pump

A/CHeat Pump

Extras

Map

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