138 College St, Spencer, TN 38585
sale
$179,000
|
Other
Courtesy Of Highlands Elite Real Estate LLC - Baxter
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. Seller has an accepted offer with a 48-hour right of first refusal contingency.
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Property Features
- Age: Over 50 Years Old
- Amenities: Disabled Access
- Amenities: Basement
- Building Units: 7
- Exterior Type: Frame
- Exterior Type: Block
- Exterior Type: Brick
- Floors: 2
- MLSID: 237049
- Roof Type: Metal
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