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$2,500,000
117 Days On Site

43 Old Well Rd
Spencer, VA 24165

For Sale|Commercial Sale|Active
0
Beds
1
Total Bath
2,115
SqFt
$1,182
/SqFt
1950
Built
Subdivision:
Spencer
County:
Henry
43 Old Well Rd43 Old Well Rd43 Old Well Rd43 Old Well Rd
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High-visibility commercial property with excellent frontage on Rt. 58, offering multiple income streams and outstanding business potential. This versatile property includes a gas station, convenience store with caf area, residential rental units, and highway-front showroom space ideal for automotive or equipment sales. The commercial building features a gas station setup (currently not selling fuel), a convenience store, and an in-store caf area. The property also includes three apartments: a spacious owner-occupied 3-bedroom, 1-bath apartment, plus two additional rental apartments, each offering 1 bedroom and 1 bath. A separate brick home on the property provides additional residential or rental income potential, featuring 2 bedrooms, 1 bath, an enclosed porch, and its own private driveway. The highway-front showroom and sales lot offer exceptional exposure and visibility, making it ideal for auto sales, equipment sales, retail display, or other commercial uses. Property Highlights: High-traffic Rt. 58 location with excellent visibility Former gas station with existing infrastructure Convenience store with caf area Three apartments: one 3BR/1BA and two 1BR/1BA units Separate brick home with 2BR/1BA, enclosed porch, and private driveway Highway-front showroom and sales lot Multiple income-producing opportunities Ideal for owner-operators, investors, or redevelopment. A unique mixed-use property offering commercial exposure, rental in a highly visible location.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
117 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,115 sqft
Total Baths 
1
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.016 Acres
Year Built 
1950
MLS® Number 
150275
Status 
Active
Property Tax 
$1,075
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
1.016
Parking 
Asphalt
Parking Spaces 
12
Sewer 
Septic Tank
SqFt Total 
2115
Water Source 
WellPrivate
Interior Features
Basement 
None
Cooling 
Heat Pump
Flooring 
ConcreteVinyl
Heating 
Heat PumpElectric
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Exterior Features
Construction Details 
Aluminum SidingBrickVinyl Siding
Roof 
Composition
Listing courtesy of United Country-Lambert Realty jlambert@swva.net(276) 952-5502


Listings courtesy of Martinsville, Henry, Patrick Counties Association of Realtors as distributed by MLS GRID. All data is obtained from various sources and may not have been verified by broker. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Martinsville, Henry, Patrick Counties Association of Realtors

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Last checked - 2026-10-07 12:15 AM UTC

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