College Street, Spencer, TN 38585 - Van Buren County

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.