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    205 Mccoy St Spencer, TN 38585

    For Sale
    $239,000

    COMMERCIAL - Spencer, TN

    Property size:
    3,750 SF
    Lot size:
    0.75 Acres
    Days on Market:
    269
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 205 Mccoy St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    APN
    015.00
    Size
    3,750 SF
    Lot size
    0.75 Acres

    Utilities

    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1972
    Floors in Building
    1
    Building materials
    Frame, Metal Siding
    Roof type
    Metal

    RE/MAX Finest (931) 484-4003

    Listing agent Melissa Harmon (931) 256-5364

    Listing date Mar 21, 2025

    Copyright © 2025 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.

    Overview

    Mixed-Use Space on Highway 111

    This mixed-use property offers 3750 square feet of space with visibility on Highway 111. The building, measuring 50 x 100 feet, has previously served as living quarters with a cabinet shop and later as a home goods manufacturing business. It features separate electric meters, wiring for 220V, natural gas, city sewer and water connections, and available fiber optic internet. The property includes two 12-foot garage doors and new gutters. Situated on a 0.75-acre lot, the property is zoned commercial and could be suitable for various businesses, including a restaurant, laundromat, manufacturing warehouse, or an oil change shop. The property has city water and sewer. The buyer is responsible for verifying all information to make an informed offer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Hotel & Motel Gym & Fitness Pharmacy Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.4601004
    Latitude
    35.7377402

    Nearby Similar for Sale

    • $499,900
      4,707 SF

      Commercial Building on State Route

      Well-maintained commercial building with ample parking and highway frontage.
      16000 State Route 111, Spencer, TN 38583
      View Details
    • $379,900

      Versatile Commercial Property in Spencer

      Commercial property with upgrades, ample parking, and high visibility.
      222 Taft Dr, Spencer, TN 38585
      View Details
    • $179,000
      1,600 SF

      Versatile Commercial Building in Spencer, TN

      Commercial building with versatile uses in historic Spencer, Tennessee.
      138 College St, Spencer, TN 38585
      View Details
    • $1,690,000
      10,500 SF

      Prime TN Retail Investment

      Dollar Tree/Family Dollar, 10-year lease.
      250 Taft Dr, Spencer, TN 38585
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with highway visibility, suitable for various businesses.
    Where is this mixed-use property located?
    The property is located at 205 Mccoy St Spencer, TN.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: - Mixed-use property with residential and commercial potential and **high visibility on Hwy 111**; - Large 3750 sq. ft. building (50 x 100) suitable for various businesses (restaurant, laundromat, warehouse, etc.); - Equipped with essential utilities: separate electric meters, 220V wiring, natural gas, city sewer and water, and fiber optic internet availability
    (931) 256-5364
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    Spencer, TN 38585
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 Mccoy St Spencer, TN 38585
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