Highlands Elite Real Estate
Properties/Cleveland, TN

$499,000

115 Hill St, SE
Cleveland, TN 37311 · Bradley County, TN
Listing courtesy of Bridge Real Estate Group · Updated 8 days ago
1,640 sqft
0.49 acres

About this home

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.

Year built
1971
Property type
Commercial
$/sqft
$304
Days on market
0
MLS #
3592136
Status
Active
County
Bradley County, TN
Lot size
0.49 acres

Features

Location

115 Hill St, SE, Cleveland, TN 37311

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the Upper Cumberland Association of REALTORS®, the source of this information. Properties may be listed by brokerages other than Highlands Elite Real Estate.