This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$50,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property 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!
Full Property Details
Full Property Details for 505 S Yadkin Ave
General
- Price: $50,000
- Status: Active
- Type: Commercial
- Source: Triad_MLS
- MLS ID: 1177669
- Updated: 3/30/2026
- Added to Site: 342 day(s) ago
Location
- County: Rowan
- Driving Directions: Showing Service, Vacant
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 0.16
- Frontage Feet: Total Road Frontage:
- Rail Service Desc.: Nearby
- Lot Features: Cleared, Level
Financial Considerations
- Price Per Acre: $312,500
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Howard Hanna Allen Tate - Winston Salem
Get Pre-Approved Today
Schools
Schools serving 505 S Yadkin Ave
School District:Rowan-Salisbury Schools
| Name | Grades | Distance |
|---|---|---|
North Rowan Elementary School 600 Charles Street, Spencer, NC 28159 | PK-5 | 1 mi |
North Rowan Middle School 512 Charles Street, Spencer, NC 28159 | 6-8 | 1 mi |
North Rowan High School 300 North Whitehead Avenue, Spencer, NC 28159 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 S Yadkin Ave
Date
Details
Price
Change
Source
4/28/2025
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 S Yadkin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$136
—
$12,000
—
2023
$136
-14%
$12,000
—
2022
$158
—
$12,000
—
2021
$158
—
$12,000
—
2020
$158
—
$12,000
—
2019
$158
1%
$12,000
—
2018
$156
—
$12,000
—
2017
$156
—
$12,000
—
2016
$156
—
$12,000
—
2015
$156
-17%
$12,000
-20%
2014
$189
2%
$15,050
—
2013
$185
—
$15,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 S Yadkin Ave
505 S Yadkin Avenue, Spencer, NC 28159 (MLS# 1177669) is a Commercial property with 0 bedrooms and 0 full bathrooms. 505 S Yadkin Avenue is currently listed for $50,000 and was received on April 28, 2025. Want to learn more about 505 S Yadkin Avenue? Do you have questions about finding other Commercial real estate for sale in Spencer? You can browse all Spencer real estate or contact a Coldwell Banker agent to request more information.

