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32278956
32278955

5714 Waterlevel Hwy, Cleveland, TN 37323 For Sale

MS
TN TN 294574
Compass Group Realty, LLC
Listed by Compass Group Realty, LLC
$595,000
85 days on market
Updated 78 days ago

5714 Waterlevel Hwy

Details
APN 060 04700 000
Property Type Mixed Use
Sub Type Commercial
Square Footage 1,363
Units 2
Year Built 1968
Buildings 3
Stories 1
Lot Size (SqFt) 48,689
Ground Lease No
Sale Condition For sale by owner

PRIME HIGH-TRAFFIC COMMERCIAL OPPORTUNITY ON HWY. 64 WITH EXCEPTIONAL ROAD FRONTAGE AND VISIBILITY!

Marketing description

Prime high-traffic commercial opportunity on hwy. 64 with exceptional road frontage and visibility! Strategically positioned along water level 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.

Investment highlights

  • Land: 1.118 Acres

Listing Contacts

MS
TN TN 294574
Compass Group Realty, LLC
Listed by Compass Group Realty, LLC

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Additional Information

Name
Margie Keller
License
263376
Brokerage
Compass Group Realty, LLC
Title
Broker of Record
Brokerage Address
60 N. Ocoee St. NW Cleveland, TN 37311
Name
Melody Smith
License
TN 294574
Brokerage
Compass Group Realty, LLC
Brokerage Phone
423-584-5577
Title
Margie Keller
Brokerage Address
60 North Ocoee Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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