21
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$179,000
Est. payment /mo
3,240 SqFt
Active
138 College St Spencer, TN 38585
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $55
MLS Listing ID 2904963
Year Built 1958
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Mixed Use
Property Description
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.
Location
State TN
County Van Buren County
Zoning C1
Interior
Fireplace N
Others
Special Listing Condition Standard
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