115 Hill St SE Cleveland, TN $ 499,000
115 Hill St SE
$ 499,000
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115 Hill St SE

Cleveland, TN, 37311
$ 499,000
Bedrooms-- Baths-- Sq 1,640

Monthly Estimate*

$ 3,446

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Commercial Property for sale in Cleveland, TN

for $499,000. This 1,640 square foot building was built in 1971 on a lot size of 0.49.

A rare three‑parcel commercial assemblage near downtown Cleveland, 115–117 Hill Street SE offers current income, recent renovations, and multiple future opportunities across approximately 0.49 acres (Parcels 058H E 028.00, 058H E 029.00, and 058H E 030.00). The renovated 1,640 SF light‑industrial building at 115 Hill St (Parcel 058H E 030.00) features two drive‑in bays, 12' clear height, LED lighting, 220‑amp electrical, an office, restroom, and full 2026 updates. It is leased at $1,975/month. The fenced and graveled vehicle‑storage yard (Parcel 058H E 028.00) is leased at $950/month and configured for equipment or fleet storage. The improved site at 117 Hill St (Parcel 058H E 029.00) has been cleared, graded, leveled, graveled, and includes a large retaining wall—ready for future use or development, subject to zoning approvals. Combined contractual income is $35,100/year, with additional upside if 117 Hill is leased. Offered at $499,000, this assemblage is ideal for investors, contractors, trades, owner‑users, and buyers seeking income with expansion potential. Seller may consider selling parcels individually or in combinations.

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Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 0

Style

Warehouse

Lot Size

0.49

Year Built

1971

Town/City

Cleveland

County/Region

Bradley

MLS | Web ID

3592136

Features
General
Zoning Commercial
Year Built 1971
Property Subtype Warehouse
County Bradley County TN
Property Type Commercial Sale
Status Active
Directions Off of Inman St
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 0.49
Building Area Total 1640
Lot Size Acres 0.49
Lot Size Source Calculated from Plat
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 1 115
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* Excluded Features
List By
Bridge Real Estate Group

Broker

laura@bpmg.us

Email

Affordability Calculator

$3,446
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,446
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/15/2026$499,000 Listed Price

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115 Hill St SE, Cleveland, TN, 37311 is a Commercial Property for sale at $499,000 with 1,640 sqft and a lot size of 0.49. 115 Hill St SE was built in 1971. The property's zip code is 37311 which is in Cleveland, TN