MLS#179611369
STATUS
PROPERTY TYPECommercial - Investment
Property Description
Versatile Industrial Warehouse with Rental Home
1208 Smith Dr SW, Cleveland, TN 37311
Unlock the potential of this ±33,880 SF clear-span warehouse in Cleveland, TN—ideal for an owner-user, investor, or hybrid operation. Situated on approximately 3.58± acres, this well-positioned property offers flexibility for a wide range of industrial, storage, or commercial uses, with ample room for expansion on either side of the building.
The warehouse features six 14' drive-in doors, six walk-in entries, and approximately 24' eave height, providing excellent access and functionality. The building is currently serviced by single-phase power, with three-phase power available at the pole. Additional features include overhead sprinkler systems and exterior water access.
The warehouse is heated with gas heat and does not currently have air conditioning. There are no existing bathroom facilities within the warehouse; however, public water and sewer are available at the road.
Offered at $2,500,000, this sale includes land and structures only. No business, rent rolls, or operating expenses will be disclosed.
An adjacent rental home on approximately 0.56± acres is available for an additional $275,000. The home features 3 bedrooms, 2 bathrooms (approx. 2,000 SF), is connected to city sewer, and is currently leased for $1,400/month.
This property is located within a designated Opportunity Zone, offering potential tax advantages for qualifying investors.
Property Highlights ±33,880 SF clear-span warehouse 6 drive-in doors (14’) 6 walk-in doors Approx. 24’ eave height 3.58± acres with expansion potential Single-phase power (3-phase available at pole) Overhead sprinklers and exterior water access Gas heat (no AC in warehouse) Public water and sewer is available at the road Located in an Opportunity Zone Additional InformationPrime access to Cleveland’s industrial corridor. Shown by appointment only. A 24-hour notice is required to view the residence. Listing agent must be present for all showings.
Property Features
Property Type: Commercial - Investment
Year Built: 1997
Feature Descriptions
Age Of Building: 1997
Amenities: The rental property included in the sale ( located at 1213 Cedar Lane SW. Cleveland TN 37311) is on public sewer and public water.
Ceiling Height: 24 ft
Days on Site: 320
Drive In Doors: 6
Gross Income: $176,000
Nearest Interchange: Lee Highway
No. Of Units: 1
Size: 14 ft
Total Usable Sq. Ft.: 33,840
Listed By / Shown By
Listed By
Agency Name: Crye-Leike Real Estate Services
Shown By
Agent Name: Chase Whitelaw
Agent Phone:
Source: Delta Media Group MLS
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1208 Smith Dr SW & 1213 Cedar Lane Sw | MLS# 179611369
This commercial property located at 1208 Smith Dr SW & 1213 Cedar Lane Sw, Cleveland, TN 37311 is currently listed for sale by Crye-Leike Real Estate Services , with an asking price of $2,500,000. Search Cleveland real estate on cwhitelaw.easttnliving.net today.