About 5714 Waterlevel Highway
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.
Features of 5714 Waterlevel Highway
| MLS® # | 1531360 |
|---|---|
| Price | $549,900 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 2 |
| Half Baths | 2 |
| Square Footage | 1,363 |
| Acres | 0.90 |
| Year Built | 1968 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 5714 Waterlevel Highway |
|---|---|
| Subdivision | None |
| City | Cleveland |
| County | Bradley |
| State | TN |
| Zip Code | 37323 |
Amenities
| Amenities | Other |
|---|---|
| Utilities | Cable Available, Electricity Connected, Phone Available, Water Available, Other, See Remarks |
| Parking | Asphalt, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), En Suite, High Speed Internet, Tub/shower Combo |
|---|---|
| Appliances | Microwave, Electric Water Heater, Dishwasher |
| Heating | Central, Electric |
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Living Room |
| Has Basement | No |
Exterior
| Exterior Features | Private Yard, Rain Gutters, Storage |
|---|---|
| Lot Description | Back Yard, Cleared, Front Yard, Level |
| Windows | Aluminum Frames, Blinds, Drapes |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Brick/Mortar |
School Information
| Elementary | Park View Elementary |
|---|---|
| Middle | Lake Forest Middle |
| High | Bradley Central High |
Additional Information
| Date Listed | March 29th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |