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Commercial property for sell in Henry County, VA

Old Well Rd, Spencer, VA 24165, Spencer, Virginia, 24165

Photos

* FOR SALE

$2,500,000

MLS: 45048-005230

1.06 Acres

2,115 SqFt

1.0 baths

What You Should Know

  • CONVENIENCE STORE

  • WITH CAFE AREA

  • RESIDENTIAL RENTAL UNITS

  • HIGHLY VISIBLE LOCATION

  • CONVENIENCE STORE

  • WITH CAFE AREA

  • RESIDENTIAL RENTAL UNITS

  • HIGHLY VISIBLE LOCATION

Why You'll Love It

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 café 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 café 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.

Property Highlights

  • High-traffic Rt. 58 location with excellent visibility
  • Gas station setup (currently not selling fuel)
  • Two 10,000-gallon fuel tanks recently re-certified
  • Convenience store with café area
  • Three apartments: one 3BR/1BA and two 1BR/1BA units
  • Separate brick home with 2BR/1BA, enclosed porch, and private driveway
  • One well and two septic systems
  • Highway-front showroom and sales lot
  • Multiple income-producing opportunities
  • Ideal for owner-operators, investors, or redevelopment

A rare opportunity to acquire a highly visible mixed-use property with commercial, residential, and investment potential in a prime Rt. 58 location.

For additional information or to schedule an appointment to see this property, call listing agent Johnny Lambert 276-952-5502 or listing office 276-694-2646.

Documents (1)

Where You'll Find It

  • Street Address: Old Well Rd, Spencer, VA 24165
  • City: Spencer
  • State: Virginia
  • County: Henry

Johnny Lambert

Virginia & North Carolina Broker
See Website