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About This Home
This 4-bedroom, 3-bathroom single family at 5714 Waterlevel Highway in Cleveland, TN is listed for $595,000 ($437 per sqft). Built in 1968, the home offers 1,363 sqft of living space on a 0.90 acres lot.
PRIME HIGH-TRAFFIC COMMERCIAL OPPORTUNITY ON HWY. 64 WITH EXCEPTIONAL ROAD FRONTAGE AND VISIBILITY! Strategically positioned along Waterlevel Highway (Hwy. 64), one of the area's busiest and most heavily traveled corridors, this property offers approximately 506 feet of road frontage with outstanding exposure and accessibility--ideal for commercial development, retail, service-based businesses, or long-term investment.
The site includes multiple existing structures that provide immediate income potential and flexible use while planning future redevelopment. A full brick structure currently configured as a 3-bedroom, 1.5-bath residence, along with a detached 1-bedroom, 1-bath unit, offers opportunities for office conversion, rental income, or interim business operations.
An additional detached garage/workshop--featuring 3-phase wiring, a storage room, and a half bathroom--is currently leased on a month-to-month basis for $1,100, generating instant revenue. With strong traffic counts, excellent visibility, and substantial frontage, this property is well-suited for investors, developers, or business owners seeking a high-exposure location in a growing commercial corridor.
Rare opportunity to secure a large footprint on Hwy. 64 with immediate income and significant upside potential. (Tiny home conveys. Mobile home does not remain.) Call for additional details or to schedule a private tour.
Key Features
- Built in 1968
- 0.90 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,182/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5714 Waterlevel Highway
Cleveland, TN 37323
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom single family at 5714 Waterlevel Highway is listed at $595,000 ($437/sqft). The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.
Key features include: Built in 1968, 0.90 acre lot. Interior Features: Primary Downstairs, High Speed Internet, Bathroom Mirror(s). Exterior Features: Rain Gutters.
This property is listed by Melody Smith and can be reached at 4235950199 or melody@smithteamtn.com.








