115 SE Hill St, Cleveland, TN 37311

Property Description

A rare three‑parcel commercial assemblage near downtown Cleveland, 115–117 Hill Street SE offers current income, recent renovations, and multiple future opportunities across approximately 0.49 acres (Parcels 058H E 028.00, 058H E 029.00, and 058H E 030.00). The renovated 1,640 SF light‑industrial building at 115 Hill St (Parcel 058H E 030.00) features two drive‑in bays, 12' clear height, LED lighting, 220‑amp electrical, an office, restroom, and full 2026 updates. It is leased at $1,975/month. The fenced and graveled vehicle‑storage yard (Parcel 058H E 028.00) is leased at $950/month and configured for equipment or fleet storage. The improved site at 117 Hill St (Parcel 058H E 029.00) has been cleared, graded, leveled, graveled, and includes a large retaining wall—ready for future use or development, subject to zoning approvals. Combined contractual income is $35,100/year, with additional upside if 117 Hill is leased. Offered at $499,000, this assemblage is ideal for investors, contractors, trades, owner‑users, and buyers seeking income with expansion potential. Seller may consider selling parcels individually or in combinations.