240 Central NE Ave Cleveland, TN 37311-5323

This exceptional mixed-use property, located at 240 Central Ave NE in Cleveland, Tennessee (zip code 37311), presents a compelling investment opportunity. The 8,118 square foot building, constructed in 1957, sits on a 0.37-acre lot and boasts a diverse range of income-generating spaces. Currently configured as a fitness center, retail space, and potentially residential units (3 total units), this single-story building offers significant flexibility for future tenants and uses. The asking price is $675,000, translating to a price per square foot of $83.15. The property is zoned for commercial use and includes 15 parking spaces, a significant advantage in a bustling downtown area. This prime location in Bradley County offers easy access to local amenities and a strong potential for growth. The property's versatility and established cash flow make it an ideal investment for both seasoned and emerging investors seeking a diversified portfolio. The building's solid construction and established tenant base provide a stable foundation for future returns. This is a rare opportunity to acquire a well-positioned, multi-use property in a thriving Tennessee community. Don't miss out on this chance to own a piece of downtown Cleveland.