138 College St - Office FOR SALE


Spencer, TN 38585
$139,900 USD
931-400-8820
138 College St, Spencer, TN for Sale
$139,900 USD
Office - FOR SALE
1/7
null | Request Cap Rate

138 College St
Spencer, TN 38585


HIGHLIGHTS

  • Short Term and Long Term Rentals Allowed
  • Historic Hwy State 30 Route
  • Near Fall Creek Falls State Park

OVERVIEW

Opportunity is knocking! This commercial building in the historic town of Spencer, TN—home to Fall Creek Falls State Park—offers versatile uses. With three distinct entrances and two levels, the possibilities are abundant. Are you looking for an investment property where you can live on one side and rent out the other? Or perhaps you're interested in leasing commercial office space? This could also serve as a business center for remote employees needing a meeting place. The left side features open office space that was once a beauty shop, while the upstairs is already divided into five separate offices. Vacation rentals are permitted, and this property is grandfathered in for both short-term and long-term rentals. The framework for a fantastic investment is ready for you—don't let this opportunity slip away off the historic Hwy 30 Route!

FOR SALE DETAILS

PRICE

$139,900 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

138 College St

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

C1

APN/PARCEL ID

030I-A-004.00

ASK ABOUT THIS PROPERTY

Heather ConnerHighlands Elite Real Estate CommercialMore Info
931-400-8820

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Heather ConnerHighlands Elite Real Estate CommercialMore Info
931-400-8820

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.