$385,000
$499,900
23.0%For more information regarding the value of a property, please contact us for a free consultation.
14,000 SqFt
SOLD DATE : 04/22/2022
Key Details
Sold Price $385,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 0.7
Square Footage 14,000 sqft
Price per Sqft $27
Subdivision City Of Cleveland
MLS Listing ID 20214860
Sold Date 04/22/22
Construction Status Fixer
Originating Board River Counties Association of REALTORS®
Year Built 1938
Annual Tax Amount $3,000
Lot Size 0.700 Acres
Acres 0.7
Lot Dimensions 213 x 150
Property Description
Historic Downtown Location with immeasurable potential. Located in the center of the Downtown Cleveland Revitalization Project, this property offers high visibility with 125 feet of road frontage on Inman Street. The unique facade of this building with its slant front glass and curved brick corner is one of a kind and speaks to the architecture of the early 20th Century. The property boasts a large private parking lot that can accommodate 40 spaces with access from Inman as well as from the rear on 1st Street SE. The building and parking cover over 30,000 sq. ft of prime development opportunity in the heart of downtown. Large open spaces on the interior are ready for your build out or to be divided for multiple tenants. Or skyward to provide a multi-use property with main level business and upper level living. The surrounding businesses and neighbors include The Museum at Five Point, the various shops at First Street Square, The Cleveland Billard Club, The Catch Bar and Grill, Isbill Floral Gallery, Pinnacle Bank, The Press Restaurant, Mash and Hops Craft Beers, The Stack Restaurant and many others as well as various loft residential units in the area. The Revitalization Plan includes the development of a First Class Sports Facility, Modern Urban Living, Boutique Hotels, Community Amphitheater, Destination Dining, Options for Large and Small Retail Space. Located within 3 blocks (Walking Distance), you will find the Courthouse Square filled with numerous banks, churches, city and county municipal offices, law offices, restaurants, retail spaces and post office as well as the Southern border of Lee University, this property provides various options for development. The possibilities for this prime location are endless. Zoned Commercial Business District. For a glimpse of what this area will look like in years to come, visit https://vimeo.com/showcase/5879389 to view the Cleveland, TN Downtown Master Plan.
Location
State TN
County Bradley
Area Cleveland Ne
Direction From 25th St/Ocoee Street intersection, head south on Ocoee, transition to Broad St, left (East) at 4th light onto Inman St, go 2 Blocks building is on the right next to the Museum @ 5 Points.
Interior
Flooring Concrete
Exterior
Garage Asphalt
Roof Type Flat,Metal,See Remarks
Parking Type Asphalt
Building
Lot Size Range 0.7
Sewer Public Sewer
Water Public
New Construction No
Construction Status Fixer
Others
Tax ID 057D B 004.00
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Bought with Richardson Group KW Cleveland
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