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5714 Waterlevel Highway, Cleveland, TN 37323

$549,900
: 4
BD
: 4
BA
: 1,363
SqFt

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List Price: $549,900
Price Change: ▼ $45,100 1786757540
MLS#: 1531360
Status: ACTIVE
Type: Single Family Residential
City: Cleveland
County: Bradley
Bedrooms: 4
Bathrooms: 4
Baths Half: 2
Baths Full: 2
Living Area: 1,363
Lot Size: 39,204
Year Built: 1968

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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.

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Additional Information

Acres: 0.90
Appliances: Dishwasher, Electric Water Heater, Microwave
Cooling: Central Air, Ceiling Fan(s), Electric
Exterior Features: Private Yard, Rain Gutters, Storage
Floors: Carpet, Laminate, Luxury Vinyl, Vinyl
Living Area: 1,363
Lot Description: Back Yard, Cleared, Front Yard, Level
Style: Ranch
Year Built: 1968
Heating: Central, Electric
Fireplaces: 1
Water: Well
Sewer: Septic Tank