43 Old Well Rd

Spencer, VA 24165

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.

Listing courtesy of Johnny Lambert of United Country Lambert Realty (276) 952-5502



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Data last updated at: 2026-07-25 07:06 PM UTC