Retail

Spencer, TN Retail Space for Sale

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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
View details
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Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Storefront Property
Brick Storefront Property

25 E Bockman Way, Sparta, TN 38583

$299,000
1,880 sqft

Downtown commercial space on the town square with nearby shops, restaurants, and pedestrian activity.

View details
Renovated Mixed-Use Building
Renovated Mixed-Use Building

430 East Broad Street, Smithville, TN 37166

$539,900
3,120 sqft

Flexible commercial space with marked parking, three-phase power, and municipal water and sewer.

View details
Restaurant and Retail Storefront
Restaurant and Retail Storefront

108 W WALNUT ST, Smithville, TN 37166

Contact for pricing
4,240 sqft

C-2-zoned commercial space with an existing layout configured for restaurant and retail operations.

View details
Retail Building on Busy Street
Retail Building on Busy Street

555 W Bockman Way, Sparta, TN 38583

Contact for pricing
3,000 sqft

3,000 SF retail building with high traffic visibility.

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

$175,000
Estimated value
17,978 sqft 2.04 AC lot
View details
Hwy 30
RETAIL STORES (PERSONAL SERVICES)

Hwy 30, Spencer, TN 38585

$105,000
Estimated value
2,077 sqft 1.50 AC lot
View details
1128 College St
RETAIL STORES (PERSONAL SERVICES)

1128 College St, Spencer, TN 38585

$125,000
Estimated value
2,456 sqft 0.33 AC lot
View details
26 Willow St
RETAIL STORES (PERSONAL SERVICES)

26 Willow St, Spencer, TN 38585-1518

$195,000
Estimated value
1,140 sqft 1.00 AC lot
View details
4397 Old State Hwy 111
RETAIL STORES (PERSONAL SERVICES)

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

$205,000
Estimated value
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

$65,000
Estimated value
6,285 sqft 1.58 AC lot
View details
117 Faye St
RETAIL STORES (PERSONAL SERVICES)

117 Faye St, Spencer, TN 38585-3003

$65,000
Estimated value
1,300 sqft 0.64 AC lot
View details
250 Taft Dr
RETAIL STORES (PERSONAL SERVICES)

250 Taft Dr, Spencer, TN 38585-3008

$180,000
Estimated value
10,662 sqft 1.25 AC lot
View details
State Rte
RETAIL STORES (PERSONAL SERVICES)

State Rte, Spencer, TN 38585

$225,000
Estimated value
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

$180,000
Estimated value
3,948 sqft
View details
817 College St
RETAIL STORES (PERSONAL SERVICES)

817 College St, Spencer, TN 38585-3436

$160,000
Estimated value
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

$115,000
Estimated value
452 sqft 0.62 AC lot
View details
State Hwy 111
RETAIL STORES (PERSONAL SERVICES)

State Hwy 111, Spencer, TN 38585

$205,000
Estimated value
1,408 sqft 5.00 AC lot
View details
111 Old State Hwy
RETAIL STORES (PERSONAL SERVICES)

111 Old State Hwy, Spencer, TN 38585

$115,000
Estimated value
20,815 sqft 5.37 AC lot
View details
272 College St
RETAIL STORES (PERSONAL SERVICES)

272 College St, Spencer, TN 38585-3214

$205,000
Estimated value
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

$175,000
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

$615,000
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

$285,000
Estimated value
2,400 sqft 1.00 AC lot
View details
2624 Brockdell Rd
RETAIL STORES (PERSONAL SERVICES)

2624 Brockdell Rd, Spencer, TN 38585-4713

$65,000
Estimated value
2,204 sqft 1.67 AC lot
View details
37 Veterans Sq
RETAIL STORES (PERSONAL SERVICES)

37 Veterans Sq, Spencer, TN 38585-3243

$190,000
Estimated value
1,134 sqft 0.30 AC lot
View details
295 Billingsley St
RETAIL STORES (PERSONAL SERVICES)

295 Billingsley St, Spencer, TN 38585-3070

$170,000
Estimated value
780 sqft 0.72 AC lot
View details
6705 Old State Hwy 111
RETAIL STORES (PERSONAL SERVICES)

6705 Old State Hwy 111, Spencer, TN 38585-4436

$165,000
Estimated value
1,925 sqft 0.44 AC lot
View details
1249 Gulf Rd
RETAIL STORES (PERSONAL SERVICES)

1249 Gulf Rd, Spencer, TN 38585-4203

$240,000
Estimated value
8,160 sqft 2.00 AC lot
View details

Spencer, TN Retail Space Market Trends and Statistics

Explore 64 retail space for sale in Spencer, TN on our real estate platform. These investment opportunities span a total of 10,500 square feet of properties for sale, with an estimated market value of $1,523,100.

Sale prices for retail space in Spencer, TN average $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

Auto shops 1
Automotive properties 1
Grocery and convenience stores 1

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 $1.5M

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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