Spencer TN Commercial for Sale
$139,900
138 College St Spencer, TN 38585
- Type:
- Mixed Use
- Sq.Ft.:
- 3,240
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1958
- Baths:
- MLS#:
- 2754680
ADDITIONAL INFORMATION
Opportunity is knocking! This commercial building in the historic town of Spencer, TN—home to Fall Creek Falls State Park—offers versatile uses. With three distinct entrances and two levels, the possibilities are abundant. Are you looking for an investment property where you can live on one side and rent out the other? Or perhaps you're interested in leasing commercial office space? This could also serve as a business center for remote employees needing a meeting place. The left side features open office space that was once a beauty shop, while the upstairs is already divided into five separate offices. Vacation rentals are permitted, and this property is grandfathered in for both short-term and long-term rentals. The framework for a fantastic investment is ready for you—don't let this opportunity slip away!
$299,900
145 Spring St Spencer, TN 38585
ADDITIONAL INFORMATION
Investor Special! This 2,900 square-foot commercial building is a prime investment opportunity with a long-term tenant ready to renew their lease. The property features a large workspace with cubicles, a spacious conference room, private offices, and a kitchen area—perfect for accommodating a variety of business needs. This property ensures steady rental income with expansion potential—additional land is available for sale. Don’t miss out on this solid investment with growth opportunities and a reliable tenant already in place.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Spencer Real Estate
The median home value in Spencer, TN is $259,900. This is higher than the county median home value of $160,200. The national median home value is $338,100. The average price of homes sold in Spencer, TN is $259,900. Approximately 55.7% of Spencer homes are owned, compared to 23.96% rented, while 20.34% are vacant. Spencer real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spencer real estate agent to arrange a tour today!
Spencer, Tennessee has a population of 1,531. Spencer is less family-centric than the surrounding county with 21.77% of the households containing married families with children. The county average for households married with children is 33.09%.
The median household income in Spencer, Tennessee is $39,962. The median household income for the surrounding county is $44,444 compared to the national median of $69,021. The median age of people living in Spencer is 48.3 years.
Spencer Weather
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 54.3 inches per year, with 5.2 inches of snow per year.