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Listed by Laura Coleman • Bridge Real Estate Group
$ 499,000
Est. payment | /mo
1,640 SqFt
$ 499,000
Est. payment | /mo
1,640 SqFt
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,640 sqft
Price per Sqft $304
MLS Listing ID 3592136
Year Built 1971
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Warehouse
Property Description
A rare three‑parcel commercial assemblage near downtown Cleveland, 115–117 Hill Street SE offers current income, recent renovations, and multiple future opportunities across approximately 0.49 acres (Parcels 058H E 028.00, 058H E 029.00, and 058H E 030.00). The renovated 1,640 SF light‑industrial building at 115 Hill St (Parcel 058H E 030.00) features two drive‑in bays, 12' clear height, LED lighting, 220‑amp electrical, an office, restroom, and full 2026 updates. It is leased at $1,975/month. The fenced and graveled vehicle‑storage yard (Parcel 058H E 028.00) is leased at $950/month and configured for equipment or fleet storage. The improved site at 117 Hill St (Parcel 058H E 029.00) has been cleared, graded, leveled, graveled, and includes a large retaining wall—ready for future use or development, subject to zoning approvals. Combined contractual income is $35,100/year, with additional upside if 117 Hill is leased. Offered at $499,000, this assemblage is ideal for investors, contractors, trades, owner‑users, and buyers seeking income with expansion potential. Seller may consider selling parcels individually or in combinations.
Location
State TN
County Bradley County
Zoning Commercial
Interior
Fireplace N
Others
Special Listing Condition Standard
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