$595,000

5714 Waterlevel Highway, Cleveland, TN 37323

  • 4 beds |
  • 4 baths |
  • 1,363 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.9acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $437/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Date Added:
March 29, 2026
Data Last Updated:
August 10, 2026 at 10:21PM
Listing Office:
Compass Group Realty LLC : 4235950199
Listing Agent:
Melody Smith : 4235950199
MLS ID:
3250420
  • General: Ceiling Fan(s)High Speed Internet
  • Appliances: MicrowaveDishwasher
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: CarpetLaminateVinylOther
  • A/C: Ceiling Fan(s)Central AirElectric
  • Heating: CentralElectric
  • Fireplace: Living RoomFireplaceFireplaces: 1
  • Style: Ranch
  • Parking: DetachedAttachedAsphaltPavedParking spaces: 2
  • Roofing: Other
  • General: Three Or More
  • Originating MLS: realtrac
  • County: Bradley CountyTN
  • Topography: LevelClearedOther
  • Zoning: 060 04700 000
  • Utilities: Electricity Available
  • Water: Well
  • Sewer: Septic Tank
  • Source: realtrac

This listing courtesy of Melody Smith , Compass Group Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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