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Office Building with Penthouse Apartment
For Sale
$499,000

2500 Executive Park Nw, Cleveland, TN 37312

Renovated executive office suites with a fully renovated penthouse apartment above, with all suites currently leased.

Property Size4,342 SF
Price / SF$114.92
Days on Market182

Property Features for 2500 Executive Park Nw

General Information

Standard status Active
Size 4,342 SF

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,339
Listing Agency: Bridge Real Estate Group
Listed By: Cristy Schuch · License #351771
Source: Exprealty
Added: Mar 4 Changed: Aug 21 Last Checked: Aug 31 at 8:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bridge Real Estate Group

Investment Insights

Based on property information with market context.

This unique building combines executive office accommodations with a renovated penthouse apartment on the top level. The office portion is described as offering elegantly designed, fully renovated executive suites with refined finishes and flexible layouts intended for professional use. A renovated penthouse residence is also included, totaling 1,585 SF and positioned above the commercial spaces to create separation and privacy. The property is presented as a turnkey option for operators seeking both workplace space and an additional, separately situated residence.

All suites are currently leased out, according to the seller’s remarks. The building is offered for sale as a single asset at 2500 Executive Park Nw, Cleveland, TN, and the penthouse is described as suitable for high-end short-term rental use, executive housing, or an owner-occupant residence. The executive suites are positioned below, while the penthouse sits perched atop the structure.

For prospective tenants, buyers, and investors, the configuration supports multiple operating models by pairing professional office suites with an independently positioned living space. The building’s stated renovations and professional ambiance align well with corporate offices, consulting firms, legal practices, boutique agencies, and medical offices, while the penthouse can serve as supplemental housing or a furnished rental option, depending on how the end user intends to operate.

Key Highlights

  • Fully renovated executive office suites building with all suites currently leased
  • Renovated penthouse apartment above the commercial spaces offers 1,585 SF
  • Penthouse features a separate upper setting for added privacy from commercial areas

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Big Box & Wholesale Store Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 37312, TN

36,291
Population
15,023
Households
2.4
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
64.4 sq mi
ZIP Area
564
Density / Sq Mi
$75,369
Median Household Income
$41,148
Median Earnings
$1,080
Median Rent
$270,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Renovated executive office suites with a fully renovated penthouse apartment above, with all suites currently leased.
Where is this office building located?
The property is located at 2500 Executive Park Nw Cleveland, TN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Fully renovated executive office suites building with all suites currently leased; Renovated penthouse apartment above the commercial spaces offers 1,585 SF; Penthouse features a separate upper setting for added privacy from commercial areas
More about this property
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