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    Spencer, TN
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    Spencer, TN Retail Properties & Spaces for Sale

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    Palmer, TN Sparta, TN Quebeck, TN Rock Island, TN Doyle, TN Pikeville, TN Mc Minnville, TN Walling, TN
    Established Grocery Business Opportunity
    Updated: Apr 23
    Established Grocery Business Opportunity

    15391 State Route Hwy 111, Spencer, TN 38585

    $450,000
    10,320 sqft 1.53 AC lot
    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.
    Fully functioning and equipped, allowing for a seamless transition.
    Business‑only sale with a lease in place, offering a lower barrier to entry.
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    Corner Retail Store with Long-Term Lease
    Updated: Apr 21
    Corner Retail Store with Long-Term Lease

    250 Taft Dr, Spencer, TN 38585

    $1,523,100
    10,500 sqft 1.25 AC lot
    Newly built in 2023: large ±10,500 SF Family Dollar store on a corner site at State Road 111 and Taft Drive
    ±1.25‑acre lot with frontage at the intersection of four‑lane State Road 111 and Taft Drive
    10‑year NN+ lease through July 31, 2033 with five 5‑year renewal options
    Family Dollar guarantees the lease; tenant operates a retail network across 49 states
    Across the street from Van Buren County Administrative Offices
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Retail Convenience Store with Gas Pumps
    Retail Convenience Store with Gas Pumps

    1424 Bellview Rd., Pikeville, TN 37367

    $415,000
    2,484 sqft 2.50 AC lot

    Working retail store on site with gas pumps and an unfinished home across 2.5 acres with extensive road frontage.

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    Gas Station with Working Store and Land
    Gas Station with Working Store and Land

    1424 Bellview Rd, Pikeville, TN 37367

    $425,000
    2,484 sqft 2.50 AC lot

    Working convenience store and installed gas pumps on a large tract with significant road frontage for expansion or redevelopment.

    View details
    Retail on the Square
    Retail on the Square

    25 E Bockman Way, Sparta, TN 38583

    $300,000
    1,880 sqft

    For sale retail property located on the square in Downtown Sparta, with 1,880 sq ft of space.

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    Downtown Sparta Commercial Property
    Downtown Sparta Commercial Property

    25 West Bockman Way, Sparta, TN 38583

    $319,000
    940 sqft

    Prime commercial location in downtown Sparta with endless potential.

    View details

    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.

    Commercial Zoned Development Land
    Commercial Zoned Development Land

    876 College St, Spencer, TN 38585

    $124,998
    1.30 AC lot

    Commercially zoned tract with utilities available at the road, offered for development in Spencer, TN.

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    Unrestricted Land in Sparta, TN
    Unrestricted Land in Sparta, TN

    Franks Ferry Rd lot: 7, Sparta, TN 38583

    $49,900
    1.85 AC lot

    Approximately 1.852 acres of unrestricted building land for sale.

    View details
    Unrestricted Land For Sale
    Unrestricted Land For Sale

    Franks Ferry Rd lot: 4, Sparta, TN 38583

    $49,900
    0.88 AC lot

    Unrestricted building lot totaling approximately 0.876 acres.

    View details
    Pikeville Land Near State Park
    Pikeville Land Near State Park

    8.03 Joe Groves Road, Pikeville, TN 37367

    $386,000
    19.30 AC lot

    19.3 acres near Fall Creek Falls State Park.

    View details

    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.

    93 Spg St
    RETAIL STORES (PERSONAL SERVICES)

    93 Spg St, Spencer, TN 38585-3000

    Value Estimation by Request
    17,978 sqft 2.04 AC lot
    View details
    Hwy 30
    RETAIL STORES (PERSONAL SERVICES)

    Hwy 30, Spencer, TN 38585

    Value Estimation by Request
    2,077 sqft 1.50 AC lot
    View details
    1128 College St
    RETAIL STORES (PERSONAL SERVICES)

    1128 College St, Spencer, TN 38585

    Value Estimation by Request
    2,456 sqft 0.33 AC lot
    View details
    26 Willow St
    RETAIL STORES (PERSONAL SERVICES)

    26 Willow St, Spencer, TN 38585-1518

    Value Estimation by Request
    1,140 sqft 1.00 AC lot
    View details
    239 College St
    AUTO REPAIR, GARAGE

    239 College St, Spencer, TN 38585-3238

    Value Estimation by Request
    4,672 sqft 0.48 AC lot
    View details
    4397 Old State Hwy 111
    RETAIL STORES (PERSONAL SERVICES)

    4397 Old State Hwy 111, Spencer, TN 38585-4631

    Value Estimation by Request
    3,000 sqft 0.26 AC lot
    View details
    459 Bud Boyd Rd
    RETAIL STORES (PERSONAL SERVICES)

    459 Bud Boyd Rd, Spencer, TN 38585-3060

    Value Estimation by Request
    6,285 sqft 1.58 AC lot
    View details
    117 Faye St
    RETAIL STORES (PERSONAL SERVICES)

    117 Faye St, Spencer, TN 38585-3003

    Value Estimation by Request
    1,300 sqft 0.64 AC lot
    View details
    250 Taft Dr
    RETAIL STORES (PERSONAL SERVICES)

    250 Taft Dr, Spencer, TN 38585-3008

    Value Estimation by Request
    10,662 sqft 1.25 AC lot
    View details
    State Rte
    RETAIL STORES (PERSONAL SERVICES)

    State Rte, Spencer, TN 38585

    Value Estimation by Request
    2,520 sqft 1.43 AC lot
    View details
    239 Army Cp Rd
    RETAIL STORES (PERSONAL SERVICES)

    239 Army Cp Rd, Spencer, TN 38585-4716

    Value Estimation by Request
    3,948 sqft
    View details
    817 College St
    RETAIL STORES (PERSONAL SERVICES)

    817 College St, Spencer, TN 38585-3436

    Value Estimation by Request
    1,200 sqft 0.57 AC lot
    View details
    16936 State Rte 111
    RETAIL STORES (PERSONAL SERVICES)

    16936 State Rte 111, Spencer, TN 38585-3833

    Value Estimation by Request
    452 sqft 0.62 AC lot
    View details
    State Hwy 111
    RETAIL STORES (PERSONAL SERVICES)

    State Hwy 111, Spencer, TN 38585

    Value Estimation by Request
    1,408 sqft 5.00 AC lot
    View details
    111 Old State Hwy
    RETAIL STORES (PERSONAL SERVICES)

    111 Old State Hwy, Spencer, TN 38585

    Value Estimation by Request
    20,815 sqft 5.37 AC lot
    View details
    272 College St
    RETAIL STORES (PERSONAL SERVICES)

    272 College St, Spencer, TN 38585-3214

    Value Estimation by Request
    4,032 sqft 0.24 AC lot
    View details
    15516 State Rte 111
    RETAIL STORES (PERSONAL SERVICES)

    15516 State Rte 111, Spencer, TN 38585-3650

    $675,000
    Estimated value
    8,840 sqft 1.06 AC lot
    View details
    1989 Archie Rhinehart Pkwy
    RETAIL STORES (PERSONAL SERVICES)

    1989 Archie Rhinehart Pkwy, Spencer, TN 38585-4619

    $640,000
    Estimated value
    2,220 sqft 0.69 AC lot
    View details
    172 College St
    RETAIL STORES (PERSONAL SERVICES)

    172 College St, Spencer, TN 38585-3214

    Value Estimation by Request
    2,400 sqft 1.00 AC lot
    View details
    2624 Brockdell Rd
    RETAIL STORES (PERSONAL SERVICES)

    2624 Brockdell Rd, Spencer, TN 38585-4713

    Value Estimation by Request
    2,204 sqft 1.67 AC lot
    View details
    37 Veterans Sq
    RETAIL STORES (PERSONAL SERVICES)

    37 Veterans Sq, Spencer, TN 38585-3243

    Value Estimation by Request
    1,134 sqft 0.30 AC lot
    View details
    295 Billingsley St
    RETAIL STORES (PERSONAL SERVICES)

    295 Billingsley St, Spencer, TN 38585-3070

    Value Estimation by Request
    780 sqft 0.72 AC lot
    View details

    Spencer, TN Retail Properties & Spaces Market Trends and Statistics

    Explore 69 retail properties & spaces for sale in Spencer, TN on our real estate platform. These investment opportunities span a total of 20,820 square feet of properties for sale, with an estimated market value of $1,973,100.

    Sale prices for stores in Spencer, TN start at $450,000, averaging $986,550, and reaching up to $1,523,100 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Grocery and convenience stores 2

    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 average listing prices of real estate assets

    Neighborhood Average Price
    38585 $389.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $55.51 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Van Buren County

    New Delisted

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