# 15391 State Route Hwy 111, Spencer, TN 38585

> **TL;DR:** commercial, $450,000 ($44/sqft), built 1992, 10,320 sqft. Est. $1,950/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Price/sqft | $44 |
| Square Feet | 10,320 |
| Year Built | 1992 |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,950 |
| **Total** | **$1,950** |

## Property Highlights

- Built in 1992

## Description

### Agent Description
RARE OPPORTUNITY to own your own business... an established Save A Lot grocery business in Spencer, TN, a close-knit community with no nearby, major grocery competitors. This essential neighborhood store serves as a primary food source for local residents, creating consistent demand and strong community reliance. Sale includes the business and inventory only; the building will be leased. The turnkey operation is fully equipped with 3 checkout registers, dairy cooler, cooled produce display, frozen coolers and floor cases, loading dock, grocery carts, and a complete meat department featuring a meat cooler, grinder, butcher block, knives, and produce scales and equipment. Ideal for an investor seeking a stable, service-driven business with long-term community value in an underserved market. Seize the opportunity to own a thriving grocery store business in a high traffic area that is a well-established business & has been a cornerstone of the local community for years!

## Location

- **Address:** 15391 State Route Hwy 111, Spencer, TN 38585
- **County:** Van Buren
- **Coordinates:** 35.7484849, -85.4579798
- **Google Maps:** https://www.google.com/maps?q=35.7484849,-85.4579798

## Listing Agent

- **Name:** Heather Bryant
- **Brokerage:** The Real Estate Collective
- **Phone:** 9312600303
- **Email:** heather@letsgoreco.com

## Primary Photo

![15391 State Route Hwy 111 - Primary Photo](http://lh.rdcpix.com/4baff1a424780f77c410f8fba400c4b4l-f1541278238r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/15391-state-route-hwy-111-spencer-tn-38585-n241730)*

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**MLS#:** 241730 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/15391-state-route-hwy-111-spencer-tn-38585-n241730)

---

## Structured Data

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  "name": "15391 State Route Hwy 111, Spencer, TN 38585",
  "description": "RARE OPPORTUNITY to own your own business... an established Save A Lot grocery business in Spencer, TN, a close-knit community with no nearby, major grocery competitors. This essential neighborhood store serves as a primary food source for local residents, creating consistent demand and strong community reliance. Sale includes the business and inventory only; the building will be leased. The turnkey operation is fully equipped with 3 checkout registers, dairy cooler, cooled produce display, froz",
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```