0 Hwy 111, Spencer, TN 38585

Commercial property for lease

  • Description
  • 8.3-acre parcel located on Hwy 111 across from the entrance to Fall Creek Falls State Park. Current owners have taken this commercial parcel through county and state planning, zoning, and ordinance boards and have received approval for a hotel, restaurant site, wedding chapel with 8 cabins, and 24-unit villa site. Rendering of plan is available for review. This site is nestled on a stretch of Hwy 111 between Dunlap and Cookeville, TN, where there are currently no restaurants or hotels. This highway is known for its scenic beauty and is the main throughway between North Hamilton County and Cookeville, TN. Already approved for industrial/commercial use, with natural gas, electric, water and sewer.Offering tremendous views for miles and miles, the 158 acres behind it is ready and available for purchase and future development as well. With the Fall Creek Falls convention center demolition coming in the spring to make room for a brand new hotel and convention center, this is the perfect time to invest in the area. There is a huge shortage of vacation rentals in the Spencer, TN area around Fall Creek Falls. Investors, entrepreneurs, builders, and developers, don't miss this rare opportunity to be part of a Spencer's growth! Building price details: $550,000.
  • Contact info
  • Grace Frank
    Real Estate Partners Chatt LLC
  • Note
  • Details Info about this row that located on 0 Hwy 111, Spencer, TN 38585 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

    If you see any error or mismatches on this page – click here.

  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Price: $ 66,265 +/Acre
    Lot Size: 8.300 Acres
    Submarket: Hospitality, Residential (Single Family), Vacation/Resort, Other
    MSA: Chattanooga
    Buildings: 1
    Terms: Cash to Seller, Other
    Added: 03/12/2018

Copyright 2009-2024 © Houses For Sale List. All rights reserved.