402 Spencer, Culpeper, VA 22701

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Sold Price
$260,000
List Price
$299,000
Closing Date
Dec 19, 2025
MLS#
VACU2011932
Status
CLOSED
Type
Commercial
Year Built
1953
County
Culpeper
Subdivision
Town Of Culpeper

Property Description

Fantastic Redevelopment Opportunity – Downtown Culpeper! Premier corner lot (0.44 acres) located in the Town of Culpeper. The existing structure is unsafe to enter and more than likely needs to be demolished. Favorable zoning and generous lot size provide excellent potential for redevelopment — build a duplex or 5 unit apartment building for income or your dream home close to downtown amenities. See site plan for 5 unit apartment building, approval most likely in the next 30-40 Days. This is also listed in Residential....VACU2011926 The property was last used as a duplex with separate entries to a 3 BR / 1 BA unit and a 2 BR / 1 BA unit, totaling approximately 3,200 sq. ft. (per tax records). Structure is uninhabitable . Being sold as-is. Highlights: Lot Size: 0.44 acres (corner lot) Zoning: Favorable for multi-family or single-family (verify with Town of Culpeper) Location: Walking distance to downtown shops, dining, and entertainment Utilities: Public water and sewer available Structure: Unsafe – demolition required

Additional Information

Acres
0.44
Lot Size
19,166
Elementary School
Pearl Sample
Middle School
Floyd T. Binns
High School
Eastern View
Roof
Asphalt
Cooling
Window/Wall
Heating
Hot Water
Taxes
$2,002

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Calculator source: Real Geeks

Listing courtesy of Montague, Miller & Company. Contact:

Selling Office: CENTURY 21 New Millennium.