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    463 Central Ave NW Cleveland, TN 37311

    For Sale
    $294,000

    COMMERCIAL - Cleveland, TN

    Property size:
    1,200 SF
    Lot size:
    0.14 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 12 at 1:06 am

    Property Features for 463 Central Ave NW

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    049n G 003.00
    Parking features
    Parking Lot
    Interior features
    Storage, Open Floorplan, High Speed Internet
    Exterior features
    Rain Gutters
    Size
    1,200 SF
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1977
    Flooring type
    Vinyl, Concrete
    Building materials
    Block, Cement Siding, Concrete
    Roof type
    Shingle
    Additional Structures
    Storage

    Compass Group Realty, LLC (423) 284-3056

    Listing agent Melody Smith (423) 595-0199 License #294574

    Listing date Nov 20, 2025

    Copyright © 2025 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Commercial Building For Sale

    This commercial building is located in a high-traffic area in downtown Cleveland, TN. Situated on Central Avenue, the property is suitable for a range of businesses. The building offers a versatile layout with an open floor plan that allows for customization to suit various business needs, including office spaces, retail stores, or a combination of both. The building has been recently updated and is move-in ready. Ample parking options and public transportation links are available. The property is located in a growing area of downtown. The lot size is 0.14 acres, and the property size is 1200 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Snyder's Magnolias Flower Shop, Stems at Five Points

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.878831
    Latitude
    35.162765

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    FAQs

    What type of property is this?
    Storefront property - Prime commercial building in high-traffic downtown location.
    Where is this storefront property located?
    The property is located at 463 Central Ave NW Cleveland, TN.
    What is the asking price?
    The asking price for this property is $294,000.
    What are key features of this property?
    This property features: - Prime downtown location on Central Avenue in a high-traffic area; - Versatile, customizable open floor plan suitable for various businesses; - Move-in ready condition with recent updates
    (423) 595-0199
    Request Owner's contact information
    463 Central Ave NW Cleveland, TN 37311
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    Cleveland, TN 37311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    463 Central Ave NW Cleveland, TN 37311
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