3125 Waterlevel Hwy Cleveland, TN 37323

Property Details for 3125 Waterlevel Hwy

Year built

1987

Construction

FRAME

Lot size

1.00 lot acres

Property size

6,000 SF

Zone code

CH

Property type

Warehouses

APN

058F D 012.00 000

APU

058FD01200000

Description

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.

Location Insight

City

Cleveland

County

Bradley

State

Tennessee

Longitude

-84.8383

Latitude

35.1488

CBSA code

17420

CBSA name

CLEVELAND, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments