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
$595,000
- 4 Beds
- 4 Baths
- 1,363 sq. ft.
- Single family
- Active
Listed by: melody smith
Office: compass group realty,llc
MLS#:1531360
Source:TN_CAR
Price summary
- Price:$595,000
- Price per sq. ft.:$436.54
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 #:1531360
- Added:57 day(s) ago
- Updated:May 25, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:2
- Flooring:Carpet, Laminate, Luxury Vinyl, Vinyl
- Bathrooms Description:Tub/shower Combo
- Living area:1,363 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Electric
- Heating:Central, Electric, Heating
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1968
- Building area:1,363 sq. ft.
- Lot area:0.9 Acres
- Architectural Style:Ranch
- Construction Materials:Brick
- Exterior Features:Private Yard, Rain Gutters, Storage
- Foundation Description:Brick/Mortar
- Levels:One
Utilities
- Water:Water Available, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$595,000
- Price per sq. ft.:$436.54
- Tax amount:$919
Features and amenities
- Amenities:Ceiling Fan(s), High Speed Internet
Parking
- Parking description:Asphalt, Paved
- Carport spaces:2
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