15391 Tn-111 Spencer, TN 38585
- Commercial real estate
- 10,320 SF
- 1.53 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 15391 Tn-111
- Year built
- 1992
- Lot size
- 1.53 lot acres
- Property size
- 10,320 SF
- Property type
- Commercial real estate
Description
This exceptional opportunity presents a well-established grocery store for sale in Spencer, Tennessee. Located at 15391 TN-111, this 10,320 square foot business, built in 1992, sits on a 1.53-acre lot with commercial zoning. The single-story building boasts a spacious layout, designed for optimal customer flow and product display. The store features updated refrigeration units and compressors, ensuring efficient and reliable operation. A key advantage is its prime location in a high-traffic area of Spencer, providing excellent visibility and accessibility, complemented by ample parking. The business benefits from a loyal customer base and a strong reputation within the community, contributing to consistent sales. The sale includes the business and inventory, with a commercial lease for the building. Financial information and inventory details are available upon request, following the completion of a non-disclosure agreement. Serious inquiries only; pre-qualification or proof of funds is required. This profitable venture offers a significant opportunity for entrepreneurs and investors seeking a successful, community-focused business. The asking price is $650,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spencer
- County
- Van Buren
- State
- Tennessee
- Longitude
- -85.458
- Latitude
- 35.7485
