Established Grocery Business
15391 State Route Hwy 111 Spencer, TN 38585
For Sale
$450,000
COMMERCIAL - Spencer, TN
Property Size10,320 SF
Lot Size1.53 Acres
Price / SF$43.60
Days on Market98
Property Features for 15391 State Route Hwy 111
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
003.00
Size
10,320 SF
Lot size
1.53 Acres
Taxes and HOA fees
Tax Annual Amount
3808
Building Details
Year built
1992
Floors in Building
1
Listing Agency:
Keller Williams Realty DBA Cookeville RE Company
(931) 400-2008
Listed By:
Heather Bryant · License #0995694112
(931) 260-0303
Added: Apr 23
Changed: Jul 25
Last Checked: Jul 29 at 11:06AM
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
