5714 Waterlevel Highway, Cleveland, TN 37323

$595,000
4
BD
4
BA
1,363
SqFt

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List Price
$595,000
MLS#
1531360
Bedrooms
4
Full-baths
2
Half-baths
2
Sq. Ft
1,363
Acres
0.90
Year Built
1968

Property Description

PRIME HIGH-TRAFFIC COMMERCIAL OPPORTUNITY ON HWY. 64 WITH EXCEPTIONAL ROAD FRONTAGE AND VISIBILITY! Strategically positioned along Waterlevel Highway (Hwy. 64), one of the area's busiest and most heavily traveled corridors, this property offers approximately 506 feet of road frontage with outstanding exposure and accessibility--ideal for commercial development, retail, service-based businesses, or long-term investment. The site includes multiple existing structures that provide immediate income potential and flexible use while planning future redevelopment. A full brick structure currently configured as a 3-bedroom, 1.5-bath residence, along with a detached 1-bedroom, 1-bath unit, offers opportunities for office conversion, rental income, or interim business operations. An additional detached garage/workshop--featuring 3-phase wiring, a storage room, and a half bathroom--is currently leased on a month-to-month basis for $1,100, generating instant revenue. With strong traffic counts, excellent visibility, and substantial frontage, this property is well-suited for investors, developers, or business owners seeking a high-exposure location in a growing commercial corridor. Rare opportunity to secure a large footprint on Hwy. 64 with immediate income and significant upside potential. (Tiny home conveys. Mobile home does not remain.) Call for additional details or to schedule a private tour.

Additional Information

Style
Ranch
Stories
1
Exterior
Brick
Interior
Ceiling Fan(s), High Speed Internet, Tub/shower Combo, En Suite
Roof
Shingle
Floors
Carpet, Laminate, Luxury Vinyl, Vinyl
Foundation
Brick/Mortar
Appliances
Dishwasher, Electric Water Heater, Microwave
Exterior Features
Private Yard, Rain Gutters, Storage
Community Features
Other
Lot Description
Back Yard, Cleared, Front Yard, Level
Fireplace Description
Living Room
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Elementary School
Park View Elementary
Middle School
Lake Forest Middle
High School
Bradley Central High
Financing Available
Cash, Conventional, FHA, USDA Loan, VA Loan

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Calculator source: Real Geeks

Listing courtesy of Compass Group Realty,LLC.