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5714 Waterlevel Highway, Cleveland, TN 37323

$595,000
  • 5714 Waterlevel Highway, Cleveland, TN 37323 Main Photo

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Active
BEDS4 BATHS2 full 2 partial SQUARE FEET1,363 MLS#20261589
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

PRIME HIGH-TRAFFIC COMMERCIAL OPPORTUNITY ON HWY. 64 WITH EXCEPTIONAL ROAD FRONTAGE AND VISIBILITY! Strategically positioned along Waterlevel Highway (Hwy. 64), one of the area's busiest and most heavily traveled corridors, this property offers approximately 506 feet of road frontage with outstanding exposure and accessibility--ideal for commercial development, retail, service-based businesses, or long-term investment. The site includes multiple existing structures that provide immediate income potential and flexible use while planning future redevelopment. A full brick structure currently configured as a 3-bedroom, 1.5-bath residence, along with a detached 1-bedroom, 1-bath unit, offers opportunities for office conversion, rental income, or interim business operations. An additional detached garage/workshop--featuring 3-phase wiring, a storage room, and a half bathroom--is currently leased on a month-to-month basis for $1,100, generating instant revenue. With strong traffic counts, excellent visibility, and substantial frontage, this property is well-suited for investors, developers, or business owners seeking a high-exposure location in a growing commercial corridor. Rare opportunity to secure a large footprint on Hwy. 64 with immediate income and significant upside potential. (Tiny home conveys. Mobile home does not remain.) Call for additional details or to schedule a private tour.

5714 Waterlevel Highway | MLS# 20261589

This single family home located at 5714 Waterlevel Highway, Cleveland, TN 37323 is currently listed for sale with an asking price of $595,000. This property was built in 1968 and has 4 bedrooms and 2 full and 2 partial baths with 1363 sq. ft. Search Cleveland real estate on www.clhomes.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Electric
Home Style: Ranch
Lot Size: 0.90 Acres
Roof Type: Shingle
Taxes: $919
Year Built: 1968

Feature Descriptions

Appliances: Dishwasher, Electric Water Heater, Microwave
Community Features: Other
Days on Site: 38
Exterior: Rain Gutters
Exterior: Brick
Flooring: Carpet, Engineered Hardwood, Laminate, Luxury Vinyl
Interior: Primary Downstairs, High Speed Internet, Bathroom Mirror(s), Ceiling Fan(s)
Laundry: Main Level, Laundry Room
Lot: Mailbox, Level, Landscaped, Cleared
Parcel Number: 060 04700 000
Parking: RV Access/Parking, Asphalt, Driveway, Garage
Sewer: Septic Tank
Total Rooms: 0
Utilities: High Speed Internet Available, Water Connected, Phone Available, Cable Available, Electricity Connected
Water: Well, See Remarks

Local Schools

High School: Bradley Central
Middle School: Lake Forest
Elementary School: Park View

Listed By / Shown By

Listed By

Agency Name: Compass Group Realty, LLC

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: RCAR MLS

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Estimated Payment

$ 1,574.34 per month $1,324.21 Principal & Interest $76.58 Property Tax $173.54 Homeowner's Insurance

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