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414 S Rowan  Avenue, Spencer
$119,900
5 Beds ⋅ 1 Baths ⋅ 4301303 MLS
Calling all investors and DIY enthusiasts! This charming 5-bedroom, 1-bath home in Spencer is a fantastic blank canvas. The property boasts generously sized rooms and a classic rocking chair front porch, perfect for enjoying quiet evenings. Its prime location offers a short stroll to downtown Spencer's shops, restaurants, and local attractions, making it an ideal project for a quick flip or a long-term rental."HOUSE IS BEING SOLD AS IS. THE OWNER HAS NEVER LIVED IN THE HOME AND THE OWNER WILL MAKE NOT NEGOTIATE REPAIRS. Please note tax value. There are 2 bedrooms in the back upstairs that are not included in the primary HLA because you have to pass through a section of (a low ceiling) to get to them. The 2 bedrooms represent a total of 466 sq ft. These two bedrooms have heat registers.

414 S Rowan Avenue, Spencer

S Salisbury  Avenue, Spencer
$65,000
4428064 MLS
Take advantage of this 0.89-acre commercial lot situated directly on S Salisbury Ave/N Main Street, right on the edge where Spencer meets Salisbury — one of the most heavily traveled corridors connecting the two communities. With 200 feet of road frontage, this property delivers the kind of visibility that's hard to find at this size. The lot carries Highway Business (HB) zoning, among the most flexible commercial designations available, opening the door to a wide variety of retail, office, and service-oriented uses. Currently wooded, the site offers a natural buffer and the flexibility to clear and grade to suit your project — the property does have a gentle slope, which any site plan will want to account for, but it's a manageable feature rather than a limiting one for most commercial layouts. Positioned for strong exposure and backed by versatile zoning, this lot is well suited for an investor or business owner looking to establish a presence along a proven traffic corridor.

S Salisbury Avenue, Spencer

505 S Yadkin Avenue, Spencer
$50,000
1177669 MLS
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!

505 S Yadkin Avenue, Spencer

505 S Yadkin  Avenue, Spencer
$50,000
4247682 MLS
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!

505 S Yadkin Avenue, Spencer

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .