1490 Spring Place RD SE Cleveland, TN 37311
2,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4.68
Square Footage 2,700 sqft
Price per Sqft $333
MLS Listing ID 20255636
Construction Status Functional
Year Built 1964
Annual Tax Amount $2,701
Lot Size 4.680 Acres
Acres 4.68
Lot Dimensions 307x366x368x502x99x102
Property Sub-Type Mixed Use
Source River Counties Association of REALTORS®
Property Description
Property Type: Commercial (Repair Services / Garage) Scrap Yard Grandfathered Status
Acreage: 4.68 Acres
Parcel 057 M D 003.00 4.22 Acres and
Parcel 057 M D 002.00 0.46 Acre
Building Size: Approx. 2,700 SF
A rare commercial opportunity located on heavily traveled Spring Place Road in Cleveland, TN. Traffic count is approximately 19,513 daily. This 4.68-acre property includes a versatile 2,700 sq ft building with an office, restroom, and a six-bay shop--ideal for a wide range of businesses. The property benefits from grandfathered zoning, allowing continued use as either a new auto parts retail location or a salvage/used parts yard and store. Public utilities include natural gas, electricity, public water, and public sewer.
- Seller has portfolio of two other auto related businesses available for purchase. Contact listing agent for details.
Owner Considerations:
- Seller will consider including tow truck with full-price offer and easy, quick closing. Comps justify the asking price.
- Seller may transfer state license to resell used autos, but will not sign a non-compete.
-Seller will consider partial owner-financing with down payment and balloon in 3 years.
Best / Most Likely Uses (highest match to existing building & grandfathered status)
Auto salvage yard + parts store -- exactly what the grandfathering already allows; use the six bays for dismantling, parts storage, and storefront sales.
Automotive parts retail (new & used) -- over-the-counter sales using the bays as service/retail space.
Tow / Recovery yard with retail parts -- owner willing to include a tow truck; combine dispatch, vehicle storage, and retail.
Automotive repair & service center -- multi-bay repair shop, lube, alignment, tire mounting, etc.
Fleet service /contractor vehicle shop -- service and maintenance base for local contractors, delivery fleets, or towing companies.
See other possible uses in Private Remarks.
Location
State TN
County Bradley
Zoning Commercial
Direction Start at Bradley County Courthouse on N. Ocoee St (downtown Cleveland). Head south (or southeast) out of downtown toward the eastern part of town. Merge onto Tennessee State Route 74 (Spring Place Road SE) -- heading out of Cleveland. Stay on SR-74 / Spring Place Road SE for Watch for 1490 Spring Place Road SE along SR-74.
Interior
Interior Features Other
Heating None
Cooling None
Flooring Concrete
Appliance None
Exterior
Exterior Feature None
Parking Features Asphalt
Fence None
Utilities Available Water Connected, Sewer Connected, Natural Gas Available, Electricity Connected
Roof Type Pitched,Shingle
Accessibility Accessible Entrance
Total Parking Spaces 600
Building
Lot Description Wooded, Cleared
Dwelling Type See Remarks,Retail,Mixed Use,Industrial,Free Standing Building
Foundation Slab
Lot Size Range 4.68
Sewer Public Sewer
Water Public
New Construction No
Construction Status Functional
Schools
Elementary Schools Blythe-Bower
Middle Schools Cleveland
High Schools Cleveland
Others
Tax ID 057m D 00300 000
Miscellaneous 1490 Spring Place Rd SE, Cleveland, TN Property Type: Commercial (Repair Services / Garage) Scrap Yard Grandfathered Status Acreage: 4.68 Acres Parcel 057 M D 003.00 4.22 Acres and Parcel 057 M D 002.00 0.46 Acre Building Size: Approx. 2,700 SF A rare commercial opportunity located on heavily traveled Spring Place Road in Cleveland, TN. Traffic count is approximately 19,513 daily. This 4.68-acre property includes a versatile 2,700 sq ft building with an office, restroom, and a six-bay shop--ideal for a wide range of businesses. The property benefits from grandfathered zoning, allowing continued use as either a new auto parts retail location or a salvage/used parts yard and store. Public utilities include natural gas, electricity, public water, and public sewer. - Seller has portfolio of two other auto related businesses available for purchase. Contact listing agent for details. Owner Considerations: - Seller will consider including tow truck with full-price offer and easy, quick closing. Comps justify the asking price. - Seller may transfer state license to resell used autos, but will not sign a non-compete. -Seller will consider partial owner-financing with down payment and balloon in 3 years. Best / Most Likely Uses (highest match to existing building & grandfathered status) Auto salvage yard + parts store -- exactly what the grandfathering already allows; use the six bays for dismantling, parts storage, and storefront sales. Automotive parts retail (new & used) -- over-the-counter sales using the bays as service/retail space. Tow / Recovery yard with retail parts -- owner willing to include a tow truck; combine dispatch, vehicle storage, and retail. Automotive repair & service center -- multi-bay repair shop, lube, alignment, tire mounting, etc. Fleet service /contractor vehicle shop -- service and maintenance base for local contractors, delivery fleets, or towing companies. See other possible uses in Private Remarks.
Security Features Security Lights
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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