1242 Ladd Springs Road SE Cleveland, TN $ 800,000
1242 Ladd Springs Road SE
$ 800,000
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1242 Ladd Springs Road SE

Cleveland, TN, 37323
$ 800,000
Bedrooms-- Baths-- Sq 8,814

Monthly Estimate*

$ 5,051

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Commercial Property for sale in Cleveland, TN

for $800,000. This 8,814 square foot building was built in 1976 on a lot size of 1.1.

Income-Producing Investment Opportunity with Retail Space Excellent investment opportunity featuring eight fully occupied one-bedroom apartments and a central retail space, all conveniently located on one level. The property is designed with four apartment units on each side of the retail space, creating an efficient layout and strong income potential. Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors. Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation. Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components. Call today for additional financial information and to schedule a private tour.

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Commercial Active

Price

$ 800,000

Property Type

Commercial

Taxes

$ 931

Style

Lot Size

1.1

Year Built

1976

Town/City

Cleveland

County/Region

Bradley

MLS | Web ID

20263103

Features
General
Living Area 8814
Sewer Septic Tank
Utilities Water Connected Cable Available
Possession Subject To Tenant Rights Close Of Escrow Rental Agreement
Roof Pitched
Appliances Electric Range Refrigerator
Zoning Commercial
Construction Materials Block
Year Built 1976
Property Subtype Mixed Use
County Bradley
New Construction false
Property Type Commercial Sale
Status Active
Directions spring place to Ladd springs rd. Property is on your left
High School Bradley Central
City Cleveland
Lot Size Units Acres
Lot Size Square Feet 47916
Listing Terms Cash Conventional
Elementary School Waterville
Tax Annual Amount 931.65
Middle/Junior High School Lake Forest
Property Condition Functional
Standard Status Active
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Interior
Interior Amenities Open Floorplan
Flooring Luxury Vinyl
Total Baths 0
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Exterior
Exterior Amenities None
Parking Features Asphalt
Lot Features Level
Water Source Public Well
Lot Size Area 1.1
Foundation Details Slab
Lot Size Acres 1.1
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type County Road
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* Excluded Features
List By
Tammy Johnson

Listing Agent

Coldwell Banker Kinard Realty

Broker

tnrealestate4u@hotmail.com

Email

Affordability Calculator

$5,129
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$78
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
4137253 Middle School
Bradley Central High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$800,000 Listed Price

Map


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1242 Ladd Springs Road SE, Cleveland, TN, 37323 is a Commercial Property for sale at $800,000 with 8,814 sqft and a lot size of 1.1. 1242 Ladd Springs Road SE was built in 1976. The property's zip code is 37323 which is in Cleveland, TN