Northside Dr Cleveland, TN 37312
- Office Properties & Spaces
- 20,268 SF
- 1.78 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for Northside Dr
- Year built
- 1972
- Lot size
- 1.78 lot acres
- Property size
- 20,268 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 20,268 square foot commercial property, situated on a 1.78-acre lot in Cleveland, Tennessee, presents a compelling investment opportunity. Located conveniently off North Lee Highway within a newly redeveloped commercial area that also includes 125 residential homes, this building offers significant versatility. Currently configured as a 48-room dormitory-style setup, complete with four spacious community areas and multiple bathrooms, the property's flexible design allows for a wide range of uses. Potential uses include modern office spaces, climate-controlled storage facilities, or the conversion into efficient apartment units. The building's substantial size and adaptable layout cater to diverse business needs and investment strategies. The prime location ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. This property is priced at $1,125,000 and offers a strong potential for significant return on investment. The existing infrastructure provides a solid foundation for immediate occupancy or redevelopment, presenting a unique opportunity to capitalize on the growing demand in this thriving area of Cleveland, TN. The combination of its flexible design, prime location, and attractive price point makes this a truly exceptional investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.8568
- Latitude
- 35.2109
