1490 Spring Place Rd SE, Cleveland, TNProperty Type: Commercial (Repair Services / Garage) Scrap Yard Grandfathered StatusAcreage: 4.68 AcresParcel 057 M D 003.00 4.22 Acres andParcel 057 M D 002.00 0.46 AcreBuilding Size: Approx. 2,700 SFA rare commercial opportunity located on heavily traveled Spring Place Road in Cleveland, TN. Traffic count is approximately 19,513 daily. This 4.68-acre property includes a versatile 2,700 sq ft building with an office, restroom, and a six-bay shop--ideal for a wide range of businesses. The property benefits from grandfathered zoning, allowing continued use as either a new auto parts retail location or a salvage/used parts yard and store. Public utilities include natural gas, electricity, public water, and public sewer.- Seller has portfolio of two other auto related businesses available for purchase. Contact listing agent for details.Owner Considerations:- Seller will consider including tow truck with full-price offer and easy, quick closing. Comps justify the asking price.- Seller may transfer state license to resell used autos, but will not sign a non-compete.-Seller will consider partial owner-financing with down payment and balloon in 3 years.Best / Most Likely Uses (highest match to existing building & grandfathered status)Auto salvage yard + parts store -- exactly what the grandfathering already allows; use the six bays for dismantling, parts storage, and storefront sales.Automotive parts retail (new & used) -- over-the-counter sales using the bays as service/retail space.Tow / Recovery yard with retail parts -- owner willing to include a tow truck; combine dispatch, vehicle storage, and retail.Automotive repair & service center -- multi-bay repair shop, lube, alignment, tire mounting, etc.Fleet service /contractor vehicle shop -- service and maintenance base for local contractors, delivery fleets, or towing companies.See other possible uses in Private Remarks.
Listed By
Agency Name: Keller Williams Realty - Chattanooga - Lee Hwy
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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1490 Spring Place Road Se | MLS# 20255636
This commercial property located at 1490 Spring Place Road Se, Cleveland, TN 37311 is currently listed for sale with an asking price of $900,000. Search Cleveland real estate on www.clhomes.com today.