505 S Yadkin Avenue, Spencer, NC 28159
Rowan County
Key Facts
Description
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!
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Zoning
CB
Days on Market
453
MLS® Listing#
4247682
Property Features
Lot Features
Foundation
Other Structures
Community
Sewer
Water Source
Schools
- Elementary:
- North Rowan
- Middle:
- North Rowan
- High:
- North Rowan
Financial Details
HOA
None
Assessed Value
$12,000
Parcel Number
032 120
Affordability Calculator
$10,000
Estimated monthly payment
$266/mo
Principal $40,000 · Est. interest $55,804 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spencer, NC
- $272,727
- Median Listing Price
- 108
- Median Days on Market
- 1,828
- Median Sq Ft
- $149
- Median Price / Sq Ft
- 16
- Active Listings
- This home’s price is 82% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spencer, NC.
Location
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Points of Interest in Spencer, NC
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 610 S Yadkin Avenue S, Spencer, NC | $35,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Spencer
Listing Courtesy: Howard Hanna Allen Tate Winston Salem - clement.little@allentate.com
Last Updated: 2025-04-16
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