138 College St, Spencer, TN 38585

Opportunity is knocking! This commercial bldg in the historic town of Spencer, TN—home to Fall Creek Falls State Park—offers versatile uses. With 3 distinct entrances & 2 levels, the possibilities are abundant. Are you 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 center for remote employees needing a mtg place. The left side features open office space & bathroom, while the unfinished upstairs is already divided into 5 separate offices for future development. Vacation rentals are permitted, & this property is grandfathered in for both short & long-term rentals. 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. The framework for a fantastic investment is ready for you—Don't let this opportunity slip away off the historic Hwy 30 Rt.