138 College Street

Spencer, TN 38585

$139,900
Price
—
Beds
3,240 Sq. Ft.
$43 / Sq. Ft.
3,240
Sq. Ft.
$43
per Sq. Ft.
a front view of a building
a bathroom with a granite countertop sink and white cabinets
a front view of a house with granite countertop
a view of a house with a yard
a front view of a house with a garden
a front view of a house with a yard
a view of a house with backyard

Description

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...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!
  1. Listed by Heather Conner • Highlands Elite Real Estate • 9312651100

Property Details for 138 College Street

Waterfront
No
LISTING UPDATED: 11/05/2024 12:01 PM

Property Details for 138 College Street

StatusActive
MLS #2754680
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1958
Lot Size0.06 AC / 2,613 SF
CountyVan Buren County

Building Information for 138 College Street

Stories-Residences-Year Built1958Lot Size0.06 AC / 2,613 SF

Property Information for 138 College Street

Summary
Location and General Information
  • Directions: From PCCH Spring St towards Washington Ave, R onto Hwy 111 S, take R to continue to Spencer, R onto Sparta St, R onto College ST
  • Mlg Can View: Yes
  • Zoning: C1
Parking
  • Parking Total: .00
Property
Building Information
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
Lot Information
  • Lot Size Source: Calculated from Plat
  • Lot Size Units: Acres
  • Parcel Number: 030I A 00400 000
  • Lot Size Area: 0.06
Property and Assessments
  • Documents Count: 4
  • Possession: Close Of Escrow
Utilities
  • Cooling: No
  • Heating: No
Interior and Exterior Features
Exterior Features
  • Covered Spaces: .00
  • Exterior Features: No Dock
Rental Information
Rental Information
  • Total Actual Rent: $0

Property History for 138 College Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 138 College Street

Taxable ValueLand$1,000Additions$9,975Total$10,975
Tax Record2023$263 ($22 / month)
Home Facts
Total Finished SqFt3,280 SqFtAbove Grade Finished SqFt3,280 SqFtStories1Lot Size2,700 SqFtStyleOffice BuildingYear Built1958Year Renovated1959CountyVAN BURENAPN088030I A 00400

Schools near 138 College Street

This home is within Van Buren County School District.
Rating
School
Type
Grades
Distance
Spencer Elementary School
Public - PK to 5
Van Buren Co High School
Public - 6 to 12
Faith Trinity Academy
Private - K to 12
Rating
School
Distance
Spencer Elementary School
PublicPK to 5

Van Buren Co High School
Public6 to 12

Faith Trinity Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 138 College Street, Spencer, TN 38585

138 College Street is a mixed use property for sale in Spencer, TN 38585. This property was listed for sale on November 1, 2024 by Highlands Elite Real Estate, it's currently listed at $139,900. It has been on the market for a total of 20 days and was last sold on February 29, 2024. This listing's school district is Van Buren County School District. Nearby schools include Spencer Elementary School, Van Buren Co High School and Faith Trinity Academy. 138 College Street is a 0-bed, 0-bath, 3,240 sqft mixed use property built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Highlands Elite Real Estate, Heather Conner (931.265.1100)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 11/05/2024 12:01 PM