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About This Home

This 0-bedroom, 0-bathroom commercial at 15391 State Route Hwy 111 in Spencer, TN is listed for $450,000 ($44 per sqft). Built in 1992, the home offers 10,320 sqft of living space on a 1.53 acres lot.

Agent Description

High-Demand Grocery Business Opportunity - Spencer, TN!! Position yourself in a market with built-in demand and virtually no direct competition. This is a rare chance to acquire an established Save A Lot grocery business in Spencer, TN-the only full-service grocery store in the county, strategically located on a high-traffic highway.

This is a business-only sale (real estate not included), with a lease in place-offering a lower barrier to entry and immediate operational continuity. The store is fully functioning and equipped, allowing for a seamless transition for an owner-operator or investor.

With a loyal, consistent customer base and its role as a primary food source for the surrounding community, this business benefits from dependable foot traffic and repeat revenue. Whether you're an entrepreneur looking to step into a proven operation or an investor seeking a recession-resilient, necessity-based business, this is a compelling opportunity in an underserved market!!!

Key Features

  • Built in 1992
  • 1.53 acre lot

Property Details

1 story
1992

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

15391 State Route Hwy 111

Spencer, TN 38585

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 15391 State Route Hwy 111 is listed at $450,000 ($44/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.

Key features include: Built in 1992, 1.53 acre lot.

This property is listed by Heather Bryant and can be reached at 9312600303 or hbryant0303@gmail.com.

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HB

Heather Bryant

Agent at Keller Williams Realty DBA Cookeville RE Company

(931) 260-0303

Listed by Keller Williams Realty DBA Cookeville RE Company

MLS# 243823· Source: listhub· Updated today

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.

15391 State Route Hwy 111, Spencer, TN 38585

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