5714 Waterlevel Highway, Cleveland, TN 37323

$595,000
4
BD
4
BA

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List Price
$595,000
Status
ACTIVE
MLS#
20261589
Days on Market
124
Style
Ranch
Bedrooms
4
Bathrooms
4

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

Exterior Features
Rain Gutters
Interior Features
Ceiling Fan(s), High Speed Internet, Primary Downstairs, Bathroom Mirror(s)
Lot Desc
Cleared, Level
Garage Desc
Asphalt, Driveway, Garage, RV Access/Parking
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s)
Sewer
Septic Tank
Water
See Remarks, Well
Elementary School
Park View
Middle School
Lake Forest
High School
Bradley Central

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Compass Group Realty, LLC.