1490 Spring Place Road SE, Cleveland, TN 37311

Property Description

1490 Spring Place Rd SE, Cleveland, TN Property Type: Commercial (Repair Services / Garage) Scrap Yard Grandfathered Status Acreage: 4.68 Acres Parcel 057 M D 003.00 4.22 Acres and Parcel 057 M D 002.00 0.46 Acre Building Size: Approx. 2,700 SF A rare commercial opportunity located on heavily traveled Spring Place Road in Cleveland, TN. Traffic count is approximately 19,513 daily. This 4.68-acre property includes a versatile 2,700 sq ft building with an office, restroom, and a six-bay shop--ideal for a wide range of businesses. The property benefits from grandfathered zoning, allowing continued use as either a new auto parts retail location or a salvage/used parts yard and store. Public utilities include natural gas, electricity, public water, and public sewer. - Seller has portfolio of two other auto related businesses available for purchase. Contact listing agent for details. Owner Considerations: - Seller will consider including tow truck with full-price offer and easy, quick closing. Comps justify the asking price. - Seller may transfer state license to resell used autos, but will not sign a non-compete. -Seller will consider partial owner-financing with down payment and balloon in 3 years. Best / Most Likely Uses (highest match to existing building & grandfathered status) Auto salvage yard + parts store -- exactly what the grandfathering already allows; use the six bays for dismantling, parts storage, and storefront sales. Automotive parts retail (new & used) -- over-the-counter sales using the bays as service/retail space. Tow / Recovery yard with retail parts -- owner willing to include a tow truck; combine dispatch, vehicle storage, and retail. Automotive repair & service center -- multi-bay repair shop, lube, alignment, tire mounting, etc. Fleet service /contractor vehicle shop -- service and maintenance base for local contractors, delivery fleets, or towing companies. See other possible uses in Private Remarks.