505 S Yadkin Avenue, Spencer, NC 28159 | MLS #1177669 | Tyler Redhead & McAlister
Tyler Redhead & McAlister

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Listing provided courtesy of Howard Hanna Allen Tate - Winston SalemMLS# 1177669MLS Provider
  • 428 days on site
  • 0 views

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!

Source: Triad MLS, MLS#: 1177669

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  • Property Type
    Commercial Sale
  • Lot
    0.16 acres

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Tyler Redhead & McAlister

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  • Median Age
    37
  • Population Density
    1,151
  • College Educated
    27%
  • Estimated Median Income
    $53,495
  • Estimated Total Home Owners
    617
  • Estimated Total Renters
    471
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    3
  • Total Population
    2,838
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.