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5714 Waterlevel Highway

Cleveland, TN 37323
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Bed 4

Bed

Bath 4

Bath

SqFt1,363

Sqft

Acres0.90

Acre(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 detac hed 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.

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Detail Ic Property Details

Property Type : Residential

Price : $595,000

AD Id : 76609850

MLS Id : 1531360

Beds : 4

Lot Size : 0.90 Acre

Living Area Size : 1,363

Year Built : 1968

County : Bradley

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 2 Half Baths: 2
  • Flooring Information

    Carpet, Laminate, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Ceiling Fan(s), High Speed Internet Roof: Shingle Appliances: Microwave, Electric Water Heater, Dishwasher Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup Window Features: Aluminum Frames, Blinds, Drapes
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric

  • Building Information

    Year Built: 1968 Building Area Total: 1363 Construction Materials: Brick Stories: 1 Patio And Porch Features: Front Porch, Covered, Porch Private Pool: No
  • Exterior Features

    Exterior Features: Private Yard, Rain Gutters, Storage

  • Lot Information

    Lot Dimensions: 506 x 131 x 516 x 67 Main Square Feet: 0.9 Acres Lot Size Acres: 0.9 Lot Size Square Feet: 39204 Lot Description: Back Yard, Cleared, Front Yard, Level

    Property Information

    Subdivision: None Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 58

  • Listing Price Information

    Listing Price: $595000 Cash, Conventional, FHA, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: 060 04700 000 Annual Tax: $919.82 Tax Legal Desc: Tax Id: 060 047.00

  • Parking Information

    Asphalt, Paved

  • School Information

    Elementary School: Park View Elementary
    Junior High School: Lake Forest Middle
    Senior High School: Bradley Central High
  • Utility Information

    Cable Available, Electricity Connected, Phone Available, Water Available, Other, See Remarks
  • Location Information

    Direction: Take I-75 North to Exit 20 (Cleveland / US-64 East), Right (east) onto US-64 / APD 40 Continue on APD 40 and take the exit toward Ocoee / Benton. Merge onto US-64 East / Waterlevel Hwy, property on the Right. WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2803 Upton Circle, Cleveland, TN, 37323 $308,320 3 2 1,300 1,300 SqFt
2814 Upton Circle, Cleveland, TN, 37323 $364,900 5 3 2,372 2,372 SqFt
2808 Upton Circle, Cleveland, TN, 37323 $347,900 4 3 2,053 2,053 SqFt
2818 Upton Circle, Cleveland, TN, 37323 $354,900 3 3 2,231 2,231 SqFt
4213 Jabalia Lane, Cleveland, TN, 37323 $324,900 3 3 1,909 1,909 SqFt
156 Chestuee Lane Ln, Cleveland, TN, 37323 $425,000 3 3 3,210 3,210 SqFt
156 Chestuee Lane, Cleveland, TN, 37323 $425,000 3 3 3,210 3,210 SqFt
509 Chestuee Road, Cleveland, TN, 37323 $999,900 4 4 2,800 2,800 SqFt
260 Lamar Lawson Road, Cleveland, TN, 37323 $399,900 3 3 1,700 1,700 SqFt
174 Turner Lane, Cleveland, TN, 37323 $400,000 3 2 1,820 1,820 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/10/2026 @ 21:59

MLS: 1531360 LISTED BY: Melody Smith, Compass Group Realty,LLC 423-584-5577 SOURCE: Greater Chattanooga REALTORS

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