43 Old Well Rd, Spencer, VA 24165

bathrooms 1
|Other
AUD $3,587,500
USD $2,500,000
Published on: 12 Jun 2026
Last updated on: 21 Aug 2026
43 Old Well Rd, Spencer, VA 24165
43 Old Well Rd, Spencer, VA 24165
43 Old Well Rd, Spencer, VA 24165
+12
43 Old Well Rd, Spencer, VA 24165
  • 12
Property ID: 110108712865
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Commercial Sale, Spencer, VA

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 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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
4,111.61 m2
Building Size
196.49 m2
Year Built
1950
Rooms
1 bathroom(s)
County
Henry County
Provider
Martinsville, Henry, Patrick Counties Association of Realtors
Subdivision
Spencer
Brokerage Office Name
United Country-Lambert Realty
Brokerage Office Phone
2766942646
Neighbourhoods
Spencer
Address
43 Old Well Rd, Spencer, VA 24165
Contact Agent
Johnny Lambert
United Country-Lambert Realty
PO Box 752 22199 Jeb Stuart Highway, Stuart, VA 241712752
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Johnny Lambert
PO Box 752 22199 Jeb Stuart Highway, Stuart, VA 241712752
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      Property ID: 110108712865

      Original Property ID: 3yd-MHPCAR-150275
      Data provided by Martinsville, Henry, Patrick Counties Association of Realtors, MLS #: 150275
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      Copyright © 2026 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.