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$595,000 - 5714 Waterlevel Highway, Cleveland

4
Bedrooms
3
Baths
1,363
SQ. Feet
0.9
Acres

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.

Essential Information

  • MLS® #:
    3250420
  • Price:
    $595,000
  • Bedrooms:
    4
  • Bathrooms:
    3.00
  • Full Baths:
    2
  • Half Baths:
    2
  • Square Footage:
    1,363
  • Acres:
    0.90
  • Year Built:
    1968
  • Type:
    Residential
  • Style:
    Ranch
  • Status:
    Active

Community Information

  • Address:
    5714 Waterlevel Highway
  • Subdivision:
    None
  • City:
    Cleveland
  • County:
    Bradley County, TN
  • State:
    TN
  • Zip Code:
    37323

Amenities

  • Utilities:
    Electricity Available
  • Parking Spaces:
    2
  • Garages:
    Detached, Attached, Asphalt, Paved

Interior

  • Interior Features:
    Ceiling Fan(s), High Speed Internet
  • Appliances:
    Microwave, Dishwasher
  • Heating:
    Central, Electric
  • Cooling:
    Ceiling Fan(s), Central Air, Electric
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • # of Stories:
    1

Exterior

  • Lot Description:
    Level, Cleared, Other
  • Roof:
    Other
  • Construction:
    Other, Brick

School Information

  • Elementary:
    Park View Elementary School
  • Middle:
    Lake Forest Middle School
  • High:
    Bradley Central High School

Additional Information

  • Date Listed:
    March 28th, 2026
  • Days on Market:
    94

Listing Details

  • Listing Office:
    Compass Group Realty Llc

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on July 1st, 2026 at 12:55pm CDT.