About 402 Spencer St
Property Description (Do Not Enter the Home) 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 Commercial....VACU2011932 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 and offers no value. 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
Features of 402 Spencer St
| MLS® # | VACU2011926 |
|---|---|
| Price | $379,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 3,189 |
| Acres | 0.44 |
| Year Built | 1953 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 402 Spencer St |
|---|---|
| Subdivision | TOWN OF CULPEPER |
| City | CULPEPER |
| County | CULPEPER-VA |
| State | VA |
| Zip Code | 22701 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Hot Water |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | Yes |
| Basement | Side Entrance, Unfinished |
| Fireplace | Yes |
| # of Fireplaces | 8 |
| # of Stories | 2 |
| Stories | 2 Story |
Exterior
| Exterior | Asbestos |
|---|---|
| Exterior Features | Porch(es) |
| Lot Description | Corner Lot |
| Roof | Asphalt |
| Foundation | Crawl Space |
School Information
| District | CULPEPER COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | October 26th, 2025 |
|---|---|
| Days on Market | 3 |
| Zoning | R2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Montague, Miller & Company |
|---|