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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
Status: ACTIVE
Price Change: ▼ $45,100 1786757540
MLS#: 1531360
Subtype: Residential
Style: Ranch
Year Built: 1968
Bedrooms: 4
Bathrooms: 4
Full Baths: 2
Half Baths: 2
Living Area: 1,363
Lot Size: 39,204
Acres: 0.90

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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

Interior Features: Ceiling Fan(s), High Speed Internet, Tub/shower Combo, En Suite
Exterior Features: Private Yard, Rain Gutters, Storage
Taxes: $919
Property Description: Ranch
Appliances: Dishwasher, Electric Water Heater, Microwave
Heating: Central, Electric
Air Conditioning: Central Air, Ceiling Fan(s), Electric
Exterior Features: Brick
Stories: 1
Levels: One
Roof: Shingle
Foundation: Brick/Mortar
Parking Features: Asphalt, Paved
Elementary School: Park View Elementary
Middle School: Lake Forest Middle
High School: Bradley Central High