The median home value in Spencer, VA is $115,000. This is lower than the county median home value of $120,000. The national median home value is $308,980. The average price of homes sold in Spencer, VA is $115,000. Approximately 70.5% of Spencer homes are owned, compared to 17% rented, while 12% are vacant. Spencer real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Spencer real estate agent to arrange a tour today! Learn more about living in Spencer
Rare Investment Opportunity! Well-Established Multi-Functional Property Welcome investors to an incredible opportunity of a lifetime! This unique property has been successfully operating for 45 years and is now available for you to own. Situated on a prime lot, this all-in-one investment boasts a gas station, market, diner, car shop/garage, and a cozy 2-bedroom, 1-bath house, all seamlessly combined. Additionally, this versatile property includes three meticulously maintained apartments. One unit offers a generous 3 bedrooms, 1 bath, and in-unit laundry, while the two other apartments feature 1 bedroom, 1 bath, and convenient in-unit laundry facilities. Key Features: Gas Station: A steady income generator with a loyal customer base. Market & Diner: A thriving retail space with the potential for further growth. Car Shop/Garage: Perfect for automotive enthusiasts or entrepreneurs. 2-Bedroom House: An ideal living space for owners or on-site managers. 3 Apartments: Diversified income streams with long-term tenants. Why Invest? Proven Track Record: 45 years of successful operations demonstrate stability and reliability. Prime Location: Strategically situated in a bustling area with excellent visibility and foot traffic. Multiple Income Streams: Diversified businesses and rental units offer various revenue sources. Room for Expansion: Opportunity to capitalize on untapped potential and expand businesses further. Well-Maintained.