Back to search
402 Spencer Culpeper, VA $ 299,000
Share Save
$ 299,000 Get more info
402 Spencer
$ 299,000
Back to search
Share Save

402 Spencer

Culpeper, VA, 22701
$ 299,000
Bedrooms-- Baths-- Sq 3,190

Monthly Estimate*

$ 1,865

402 Spencer, Culpeper, VA 22701 - Image 1
402 Spencer, Culpeper, VA 22701 - Image 2
402 Spencer, Culpeper, VA 22701 - Image 3

Commercial Property for sale in Culpeper, VA

for $299,000. This 3,190 square foot building was built in 1953 on a lot size of 0.44.

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

See more
Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 2,002

Style

Apartment Building

Lot Size

0.44

Year Built

1953

Town/City

Culpeper

County/Region

Culpeper

MLS | Web ID

VACU2011932
Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
See more
General
Sewer Public Sewer
Heating Hot Water
Cooling Window Unit(s)
Possession Settlement
Roof Asphalt
Zoning R2
Construction Materials Asbestos
Year Built 1953
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Other
Accessibility None
County CULPEPER
New Construction N
Property Type Commercial Sale
Subdivision Name TOWN OF CULPEPER
Water Access Y/N N
Status ACTIVE
Directions Use GPS from your location. Once in Culpeper. From Rt. 29 take ramp toward Culpeper US-15-BR S/US-BR S. Follow to traffic circle take 3rd exit from circle to N. Main St. Follow to Left on East Spence
City CULPEPER
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 19166.00
Tax Annual Amount 2002.0
Price Per Sq Ft Total AG 93.73
Acceptable Financing Cash FHA 203(k)
Historic Y/N N
Vacation Rental Y/N N
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
See more
Exterior
Lot Features Corner
Water Source Public
Type of Parking Other
Foundation Details Block Brick/Mortar
Water View Y/N N
Building Area Total 3190.00
Lot Size Acres 0.44
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 63000.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 402
See more
* Excluded Features
List By
Montague, Miller & Company

Broker

pamdes@montaguemiller.com

Email

Affordability Calculator

$2,032
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,865
Monthly Property Taxes
$167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2025$299,000 -17.86% Price Down
11/7/2025$364,000 -3.96% Price Down
10/26/2025$379,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

402 Spencer, Culpeper, VA, 22701 is a Commercial Property for sale at $299,000 with 3,190 sqft and a lot size of 0.44. 402 Spencer was built in 1953. The property's zip code is 22701 which is in Culpeper, VA

Get more info