
Improved Commercial Land for Sale in Spencer, Tennessee
15391 State Route 111, Spencer, TN 38585
RARE OPPORTUNITY to own your own business... an established Save A Lot grocery business in Spencer, TN, a close-knit community with no nearby, major grocery competitors. This essential neighborhood store serves as a primary food source for local residents, creating consistent demand and strong community reliance. Sale includes the business and inventory only; the building will be leased. The turnkey operation is fully equipped with 3 checkout registers, dairy cooler, cooled produce display, frozen coolers and floor cases, loading dock, grocery carts, and a complete meat department featuring a meat cooler, grinder, butcher block, knives, and produce scales and equipment. Ideal for an investor seeking a stable, service-driven business with long-term community value in an underserved market. Seize the opportunity to own a thriving grocery store business in a high traffic area that is a well-established business & has been a cornerstone of the local community for years!
- Listed by Heather Bryant, (931) 260-0303, The Real Estate Collective
Location
- Street address
- 15391 State Route 111
- County
- Van Buren County
- Elevation
- 1,766 feet
Directions
From Cookeville or Sparta: Take HWY 111 S toward Spencer, business will be on the right.
Property details
- Acreage
- 1.53 acres
- Zoning
- Commercial
- MLS #
- REALTRACS 3112165
- Posted
Parcels
- 030B B 00300 000
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Mixed Use
- Possession
- Close of Escrow
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 22, 2026 | New listing | $450,000 | — | REALTRACS |















