3125 Waterlevel Hwy Cleveland, TN 37323

This exceptional commercial property, situated at 3125 Waterlevel Highway in Cleveland, Tennessee, presents a lucrative investment opportunity. Boasting a prime location just off the 64 bypass with convenient access from I-75 (exits 20 and 25), this 6,000 square foot building offers a versatile layout ideal for a variety of businesses. The property features a spacious showroom with a 10-foot roll-up door, perfect for showcasing large items or vehicles. The warehouse/shop area includes three drive-in doors (two 10-foot and one 12-foot), providing ample space for storage and operations. Internal features include five offices, two bathrooms, and a breakroom. Adding to the income potential, the property includes 26 mini-storage units (30 feet deep), currently generating approximately $5,000 per month in rental income, primarily used for boat storage. A billboard ground lease, currently yielding $325 per month, is also included, with a renewal opportunity in April. The property benefits from high visibility with significant road frontage on Hwy 64/Waterlevel Highway, experiencing over 21,000 vehicles daily. The 2.3-acre lot offers ample space for expansion, with the potential to add more storage units if desired. Previous use as a boat dealership suggests suitability for similar businesses, but the property's versatility allows for diverse applications, including car lots, motorcycle or RV sales, body shops, or various retail ventures. This is a rare opportunity to acquire a well-established, income-generating property in a high-traffic area.