138 College St, Spencer, TN

$179,000

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  • 0.06

    Acres

Description of 138 College St, Spencer - MLS# 2904963

Opportunity is knocking! This commercial bldg in the historic town of Spencer, TN-home to Fall Creek Falls State Park-offers versatile uses. W/3 distinct entrances & 2 levels, the possibilities are abundant. Looking for an investment property where you can live on one side & rent out the other? Or perhaps you're interested in leasing commercial office space? This could also serve as a business ctr for remote employees needing a mtg place. St A features open office space & bathroom, while the unfinished upstairs is already divided into 5 offices for future dev. This property is grandfathered in for both STR & LTR. The historic bldg has had reinforcement including new piers & steel beam in the bsmt, new street level picture windows, new flooring, paint, & tile backsplash in apt. Suite A is currently rented through 4/26 with income covering both ins. & taxes currently. The framework for a fantastic investment is ready—Don't let this opportunity slip away off the historic Hwy 30 Rt.

Features of 138 College St of 138 College St

MLS® # 2904963
Price $179,000
Bathrooms 0.00
Acres 0.06
Year Built 1958
Type Commercial Sale
Sub-Type Mixed Use
Status Active
New Construction No

Community Information : Spencer

Address 138 College St
City Spencer
County Van Buren County, TN
State TN
Zip Code 38585

Amenities of 138 College St

Is Waterfront No
Has Pool No

Interior of 138 College St

Fireplace No

Additional Information On 138 College St

Date Listed June 6th, 2025
Days on Market 150
Zoning C1
Foreclosure No
Short Sale No

Listing Details of 138 College St

OfficeHighlands Elite Real Estate

Listings courtesy of REALTRACS as distributed by MLS GRID

Listing Map of 138 College St

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138 College St Spencer TN 38585 - MLS# 2904963

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