This is a rare opportunity to acquire a meticulously renovated, 5,989 total square foot commercial hub situated on 1.38 acres across four parcels in Spencer. The property is currently owner-occupied by a consulting firm that will be vacating upon sale, offering a "plug-and-play" headquarters for a professional service, medical user, or retailer. The 2,989 square foot main level is thoughtfully designed with a dual-zone layout; while the front is ideal for high-end office use, the back is a proven revenue generator currently utilized for various classes and community events. This configuration allows a new owner to establish their own business in the primary suite while immediately benefiting from the existing traffic and income potential of the event space. The building has undergone an extensive top-to-bottom renovation that ensures a maintenance-free transition for the next owner. The interior boasts brand-new, thick commercial-grade LVP flooring, new vinyl ceiling tiles, and modern LED lighting throughout. Critical infrastructure has been modernized with new hot water lines, updated electrical outlets, and a secure new front entry door. Both bathrooms have been fully renovated, and the entire structure features fresh interior and exterior paint. For those needing additional utility, the property includes a massive 3,000 square foot unfinished basement equipped with a large bay door, perfect for heavy storage, a workshop, or future expansion. The exterior of the property is just as impressive as the interior, featuring significant site improvements designed for longevity and ease of use. A brand-new paved parking lot provides professional curb appeal at the front, complemented by fresh concrete work around the entrance, while the rear of the property features new gravel and a backyard that has been professionally graded for optimal drainage. With 1.38 acres of land, there is ample room for fleet parking, outdoor storage, or further development. This is a unique chance to own a fully updated, income-capable asset that is ready for immediate occupancy.
This property was previously a gas station and features up-to-date underground storage tanks. Over the past three years, it has operated as a restaurant. To resume fuel operations, the site will require installation of new pumps, a line test, and compliance with all current regulatory requirements.
Prime Commercial Development Opportunity in the Heart of Downtown Spencer! Located in the vibrant Spencer Business District, this high-visibility property offers unmatched potential for growth and investment. Just steps away from popular attractions like the NC Transportation Museum and the NC Museum of Dolls, Toys & Miniatures, it’s perfectly positioned to benefit from steady foot traffic and tourism. Spencer is a thriving small town on the rise, focused on smart business development and community revitalization. A brand-new Downtown Park is currently under construction, bringing even more excitement and foot traffic to the area. Outbuilding does not convey. With quick access to the I-85 corridor, this location offers convenience and connectivity that’s hard to beat. Don’t miss your chance to be part of Spencer’s next chapter!
Multiple opportunities available at this property for future business owner or investment property. Zoned Hwy Business. Centrally located between Charlotte & Winston Salem with easy access to I-85. Road frontage visibility. This building has previously been used as an auto parts store, auto service, boat service & sales, Pawn Shop, Antique/consignment booth retail, and most recently former Meals on Wheels distribution/pick-up facility. Current 1301 & 1303 tenants are month to month 5-year tenants & would like to stay but are aware of 60 days' notice to vacate when building is sold if new owners do not wish to extend contract agreement. Contact listing agent today for showing.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Information is deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than Xome Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Copyright © 2026 TRIADMLS. All rights reserved.
Spencer is located in North Carolina. Spencer, North Carolina has a population of 3,296. Spencer is less family-centric than the surrounding county with 16.8% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Spencer, North Carolina is $56,882. The median household income for the surrounding county is $53,600 compared to the national median of $69,021. The median age of people living in Spencer is 40.5 years.
The average high temperature in July is 88.8 degrees, with an average low temperature in January of 25.7 degrees. The average rainfall is approximately 43.1 inches per year, with 3.8 inches of snow per year.
