43 Old Well Rd, Spencer, VA 24165
43 Old Well Rd, Spencer, VA 24165
43 Old Well Rd, Spencer, VA 24165
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Holston Realty

Holston Realty

+1(423) 793-8109
Listed by United Country Lambert Realty
$2,500,000
Est. payment /mo
2,115 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,115 sqft

Price per Sqft $1,182

Subdivision Henry County

MLS Listing ID 110601

Year Built 1950

Annual Tax Amount $1,075

Tax Year 2026

Property Sub-Type Commercial

Property 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.

Location

State VA

County Henry

Area Henry County

Zoning A-1

Interior

Heating Heat Pump

Cooling Heat Pump

Flooring Concrete, Vinyl

Exterior

Parking Features Parking 10+ Spaces

Garage Spaces 10.0

Utilities Available Electricity Connected

View Y/N No

Water Access Desc Well

Roof Type Other

Total Parking Spaces 10

Garage No

Building

Lot Description Located in County

Sewer Septic Tank

Water Well

Others

Acceptable Financing 9cfbddab1e6cdcafefdbaaed20fdf94c

Listing Terms 9cfbddab1e6cdcafefdbaaed20fdf94c

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Holston Realty

Holston Realty

+1(423) 793-8109

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