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    Spencer, TN
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    Spencer, TN Mixed-use Properties for Sale

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    Sparta, TN Doyle, TN Rock Island, TN
    Historic Spencer Commercial Building For Sale
    $179,000
    3,240 SF
    Historic Spencer Commercial Building For Sale

    138 College Street, Spencer, TN 38585

    Commercial building in historic Spencer, TN, with versatile uses.
    • Grandfathered for both Short‑Term Rental (STR) and Long‑Term Rental (LTR).
    • Versatile commercial building with 3 distinct entrances and 2 levels, offering multiple usage possibilities.
    • Located in the historic town of Spencer, TN, near Fall Creek Falls State Park.
    • Features open office space and a bathroom on one side, with an unfinished upstairs divided into 5 offices.
    • Recent reinforcements include new piers, steel beam in the basement, new street‑level picture windows, new flooring, paint, and tile backsplash.
    Updated: Mar 20, 2025
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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.

    Renovated Mixed-Use Property, Crossville, TN
    $729,000
    0.74 Acres
    Renovated Mixed-Use Property, Crossville, TN

    Charming home and commercial building near I-40, great exposure.

    4529 Highway 127 N, Crossville, TN 38571

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    Dual-Home Opportunity on Hwy 111
    $495,000
    4,080 SF
    Dual-Home Opportunity on Hwy 111

    Two homes on 1.27 acres with Hwy 111 frontage.

    105 E Wilmouth Dr, Rickman, TN 38580

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    Dual-Home Opportunity on Hwy 111
    $495,000
    4,080 SF
    Dual-Home Opportunity on Hwy 111

    Two homes on 1.27 acres with Hwy 111 frontage.

    105 E Wilmouth Rd, Rickman, TN 38580

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    Remodeled Commercial Building with Road Frontage
    $459,900
    2,000 SF
    Remodeled Commercial Building with Road Frontage

    Turnkey commercial building with modern updates and high visibility.

    129 Walker Hill St, Crossville, TN 38555

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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.

    2.8 Acres in Sequatchie County
    $275,000
    2.80 Acres
    2.8 Acres in Sequatchie County

    Land with endless possibilities in a growing Tennessee county.

    Us Hwy 127, Dunlap, TN 37327

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    Cookeville Land For Sale
    $3,560,000
    84.00 Acres
    Cookeville Land For Sale

    84-acre land parcel near Highlands Business Park in Cookeville, TN.

    3203 Lee Seminary Rd, Cookeville, TN 38506

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    Land Adjoining Highlands Business Park
    $3,560,000
    Land Adjoining Highlands Business Park

    Land suitable for commercial or mixed-use development near business park.

    3203 Lee Seminary Rd, Cookeville, TN 38506

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    Cookeville Land For Sale
    $249,999
    5.00 Acres
    Cookeville Land For Sale

    Five-acre land parcel near Highlands Business Park in Cookeville, TN.

    Lee Seminary Rd, 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.

    15617 Tn-111
    Mixed-use properties
    1,728 SF Lot: 1.06 Acres
    Value Estimation by Request

    15617 Tn-111, Spencer, TN 38585

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    Spencer, TN Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Spencer, TN on our real estate platform. These investment opportunities span a total of 3,240 square feet of properties for sale, with an estimated market value of $179,000.

    Sale prices for multi use buildings in Spencer, TN start at $179,000, averaging $179,000, and reaching up to $179,000 — 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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    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 $179K

    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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    Most Searched ZIP Codes in Spencer, TN

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