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    476 1St St NW Cleveland, TN 37311

    New
    For Sale
    $1,700,000

    COMMERCIAL - Cleveland, TN

    Property size:
    11,762 SF
    Lot size:
    0.21 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 476 1St St NW

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Multi Use
    APN
    049n H 01800 000
    Parking
    12
    Parking features
    Parking Lot
    Interior features
    Separate Living Quarters, Smart Thermostat, High Speed Internet, Crown Molding, Bar, Bookcases, Breakfast Bar
    Appliances
    Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Gas Water Heater, Microwave, Refrigerator
    Size
    11,762 SF
    Lot size
    0.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Central
    Cooling system
    Attic Fan, Central Air
    Water source
    Public
    Water front
    1

    Building Details

    Year built
    1961
    Flooring type
    Tile, Concrete, Slate
    Building materials
    Block, Brick Veneer, Wood Siding
    Roof type
    Flat

    Realty One Group Experts (423) 541-0100

    Listing agent Mike Jones (423) 310-1454 License #339317

    Listing date Dec 13, 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 Cleveland Professional Building For Sale

    Located at the gateway to Cleveland's Downtown, The Professional Building is situated at the foot of the historic district, adjacent to new residential developments and near new city developments. The property has housed commercial and professional tenants for over half a century and currently serves as a ministry training center for musicians, next to the space formally occupied by the Better Business Bureau. The floor plan is designed to accommodate more than a dozen tenants. With multiple addresses, mixed-use zoning, and vertical firewalls, the building could be divided into different occupancies simultaneously. The property is located in Cleveland, TN, and has a lot size of 0.21 acres. The building has 11,762 square feet of space and is zoned for multi-use. It is suitable for office buildings, office properties, churches and religious facilities, and specialty properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elliott Estate Sales Estate Liquidator

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.87957
    Latitude
    35.161979

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    FAQs

    What type of property is this?
    Office building - Prime downtown Cleveland location with mixed-use zoning and high potential.
    Where is this office building located?
    The property is located at 476 1St St NW Cleveland, TN.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Prime downtown Cleveland location at the gateway to the city's core and historic district.; - Substantial square footage in a single footprint, offering a rare opportunity.; - Mixed-use zoning and vertical firewalls enable division into multiple occupancies.
    (423) 310-1454
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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
    476 1St St NW Cleveland, TN 37311
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