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Listed by Tammy Johnson • Coldwell Banker Kinard Realty
$ 725,000
Est. payment /mo
Active
1242 Ladd Springs Rd #SE Cleveland, TN 37323
8,814 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,814 sqft
Price per Sqft $82
MLS Listing ID 3243849
Year Built 1976
Lot Size 1.100 Acres
Acres 1.1
Property Sub-Type Mixed Use
Property Description
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.
Location
State TN
County Bradley County
Zoning Commercial
Interior
Fireplace N
Exterior
Roof Type Metal
Others
Special Listing Condition Standard
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