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.
Listed By
Agency Name: Bridge Real Estate Group
Agency Phone: 4234798721
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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115 Hill St Se | MLS# 3592136
This commercial property located at 115 Hill St Se, Cleveland, TN 37311 is currently listed for sale with an asking price of $499,000. Search Cleveland real estate on online.fusion2b.com today.