Opportunity is knocking! This commercial building in the historic town of Spencer, TN—home to Fall Creek Falls State Park—offers versatile uses. With three distinct entrances and two levels, the possibilities are abundant. Are you looking for an investment property where you can live on one side and 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 meeting place. The left side features open office space that was once a beauty shop, while the upstairs is already divided into five separate offices. Vacation rentals are permitted, and this property is grandfathered in for both short-term and long-term rentals. The framework for a fantastic investment is ready for you—don't let this opportunity slip away!
Spencer is located in Tennessee. Spencer, Tennessee has a population of 1,531. Spencer is less family-centric than the surrounding county with 21.77% of the households containing married families with children. The county average for households married with children is 33.09%.
The median household income in Spencer, Tennessee is $39,962. The median household income for the surrounding county is $44,444 compared to the national median of $69,021. The median age of people living in Spencer is 48.3 years.
The average high temperature in July is 87.1 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 54.3 inches per year, with 5.2 inches of snow per year.