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33681922
33681923

43 Old Well Rd, Spencer, VA 24165

United Country Lambert Realty
Listed by United Country Lambert Realty
$2,500,000
12 days on market
Updated 11 days ago
Opportunity zone

43 Old Well Rd

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 2,115
Year Built 1950
Zoning A-1
Parking Spaces 10 spaces
Parking Per SqFt 4.73

Retail | 2,115 SqFt

Marketing 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.
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Listing Contacts

United Country Lambert Realty
Listed by United Country Lambert Realty

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Zoning

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A1 AgricultureAgricultural District
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Last updated Feb 17, 2026 For deeper zoning details, reports are available at Zoneomics

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