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

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

Monthly Estimate*

$ 4,926

1242 Ladd Springs Rd SE, Cleveland, TN 37323 - Image 1
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1242 Ladd Springs Rd SE, Cleveland, TN 37323 - Image 3
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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

$ 0

Style

Mixed Use

Lot Size

1.1

Year Built

1976

Town/City

Cleveland

County/Region

Bradley

MLS | Web ID

3243849

Features
General
Possession Close Of Escrow
Roof Metal
Zoning Commercial
Year Built 1976
Property Subtype Mixed Use
County Bradley County TN
Property Type Commercial Sale
Status Active
Directions Spring place to Ladd Springs Rd. Property is on your left.
City Cleveland
Lot Size Units Acres
Property Attached Y/N N
Building Area Units Square Feet
Standard Status Active
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Exterior
Total Parking 0
Lot Size Area 1.1
Building Area Total 8814
Lot Size Acres 1.1
Lot Size Source Assessor
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 1242
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* Excluded Features
List By
Coldwell Banker Kinard Realty

Broker

tnrealestate4u@hotmail.com

Email

Affordability Calculator

$4,926
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,926
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$800,000 Listed Price

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1242 Ladd Springs Rd 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 Rd SE was built in 1976. The property's zip code is 37323 which is in Cleveland, TN