5714 Waterlevel Highway, Cleveland, TN 37323
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
5714 Waterlevel Highway,Cleveland, TN 37323
$549,900
- 4 Beds
- 4 Baths
- 1,363 sq. ft.
- Single family
- Active
Listed by: melody smith
Office: compass group realty, llc.
MLS#:20261589
Source:TN_RCAR
Price summary
- Price:$549,900
- Price per sq. ft.:$403.45
About this home
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....
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Home facts
- Year built:1968
- Listing ID #:20261589
- Added:191 day(s) ago
- Updated:August 14, 2026 at 09:42 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Flooring:Carpet, Engineered Hardwood, Laminate, Luxury Vinyl
- Bathrooms Description:Bathroom Mirror(s)
- Kitchen Description:Dishwasher, Microwave
- Basement Description:Crawl Space
- Living area:1,363 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1968
- Building area:1,363 sq. ft.
- Lot area:0.9 Acres
- Lot Features:Cleared, Landscaped, Level, Mailbox
- Architectural Style:Ranch
- Construction Materials:Brick
- Exterior Features:Covered, Front Porch, Rain Gutters
- Foundation Description:Brick/Mortar
- Levels:1 Story
Schools
- High school:Bradley Central
- Middle school:Lake Forest
- Elementary school:Park View
Utilities
- Water:Water Connected, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$549,900
- Price per sq. ft.:$403.45
- Tax amount:$919
Features and amenities
- Appliances:Dishwasher, Electric Water Heater, Microwave
- Amenities:Aluminum Frames, Bathroom Mirror(s), Blinds, Ceiling Fan(s), Electric Water Heater, High Speed Internet, Primary Downstairs
Parking
- Parking description:Asphalt Driveway, Driveway, Garage
- Carport spaces:2
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