1490 Spring Place Road SE, Cleveland, TN 37311

Description

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.

Property Information

Property Features

Schools

Elementary:

Blythe-Bower

Middle:

Cleveland

High:

Cleveland

Financial Details

Directions

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.

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