Spencer, TN
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    Spencer, TN Grocery And Convenience Stores for Sale

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    Sparta, TN Doyle, TN Rock Island, TN
    Established Grocery Business Opportunity
    $450,000
    10,320 SF
    Established Grocery Business Opportunity

    15391 State Route Hwy 111, Spencer, TN 38585

    Profitable grocery business in Spencer, TN, with high demand.
    • Only full‑service grocery store in the county, fulfilling a critical need in an underserved market.
    • Established Save A Lot grocery business with a loyal, consistent customer base.
    • Located on a high‑traffic highway, ensuring dependable foot traffic.
    • Fully functioning and equipped, allowing for a seamless transition.
    • Business‑only sale with a lease in place, offering a lower barrier to entry.
    Updated: Apr 23
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Dollar General Store
    $2,500,000
    9,600 SF
    Freestanding Dollar General Store

    Single tenant Dollar General on hard signalized corner.

    106 W Race St, Kingston, TN 37763

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    Shelbyville Commercial Property For Sale
    $1,199,900
    2,500 SF
    Shelbyville Commercial Property For Sale

    Commercial property operating as a liquor store with leasable building.

    314 S Cannon Blvd, Shelbyville, TN 37160

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    Commercial Property with Highway Frontage
    $309,900
    1,800 SF
    Commercial Property with Highway Frontage

    C1 zoned commercial building with ample parking and expansion potential.

    2601 Highway 64 W, Shelbyville, TN 37160

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    Commercial Corner Lot For Sale
    $700,000
    2.00 Acres
    Commercial Corner Lot For Sale

    Two-acre commercial corner lot suitable for various business ventures.

    Buttermilk Rd W, Kingston, TN 37763

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Cookeville, TN
    $1,790,000
    2.00 Acres
    Commercial Land in Cookeville, TN

    High-traffic commercial land near Hwy 111 & I-40.

    1225 Neal St, Cookeville, TN 38501

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    Prime Interstate Commercial Land Site
    $1,000,000
    3.90 Acres
    Prime Interstate Commercial Land Site

    3.9 acre commercial site near I-40 in Monterey, TN.

    13513 Monterey Highway, Monterey, TN 38574

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    Unrestricted Land with Highway Frontage
    $389,900
    7.35 Acres
    Unrestricted Land with Highway Frontage

    7.35 acres with high visibility frontage, ideal for development.

    Rhea County Hwy, Dayton, TN 37321

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    Commercial Land on Hwy 111
    $199,900
    5.00 Acres
    Commercial Land on Hwy 111

    5-acre commercial land with high visibility on Hwy 111.

    Tract 2 Hwy 111 lot: 2, Cookeville, TN 38506

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    Off-Market Properties in Spencer, TN

    Consider similar Off-Market properties in Spencer, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    15287 State Rte 111
    GROCERY, SUPERMARKET
    7,377 SF Lot: 4.01 Acres
    Estimated value
    $650,000

    15287 State Rte 111, Spencer, TN 38585-3481

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    Spencer, TN Grocery And Convenience Stores Investment Opportunities Market Analysis

    Explore 2 grocery and convenience stores for sale in Spencer, TN on our real estate platform. These investment opportunities span a total of 10,320 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for supermarkets in Spencer, TN start at $450,000, averaging $450,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 4,550
    Population Growth (5Y) +14.6%
    Median Household Income $51,458
    College Educated 17.7%

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    38585 $450K

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $55.51 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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