15391 State Route Hwy 111, Spencer, TN 38585

Building Details

Year built

1992

Floors in Building

1

Listing agent Heather Bryant License #0995694112 Show Phone

Listing office Keller Williams Realty DBA Cookeville RE Company 228 E Broad St. Suite 110, Cookeville, TN Show Phone

Listing date Apr 23, 2026

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MLS# 243823

Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This is an opportunity to acquire an established Save A Lot grocery business located in Spencer, Tennessee. The business is the only full-service grocery store in the county. The store is strategically located on a high-traffic highway. This is a business-only sale, and the real estate is not included. A lease is in place. The store is fully functioning and equipped. The business has a loyal customer base and serves as a primary food source for the surrounding community, benefiting from dependable foot traffic and repeat revenue. The property size is 10320 square feet, situated on a 1.53-acre lot. The business is located at 15391 State Route Hwy 111, Spencer, TN 38585. This is a compelling opportunity in an underserved market.

Map

City

Spencer

County

Van Buren

State

Tennessee

Longitude

-85.4579798

Latitude

35.7484849

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FAQs

What type of property is this?

Grocery and convenience store - Profitable grocery business in Spencer, TN, with high demand.

Where is this grocery and convenience store located?

The property is located at 15391 State Route Hwy 111 Spencer, TN.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: 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.