1490 Spring Place Road SE, Cleveland, TN 37311
sale
$949,000
|
Other
Courtesy Of Keller Williams Realty
1490 Spring Place Rd SE, Cleveland, TN Property Type: Commercial (Repair Services / Garage) Scrap Yard Grandfathered Status Acreage: 4.2 Acres Building Size: Approx. 2,700 SF A rare commercial opportunity located on heavily traveled Spring Place Road in Cleveland, TN. Traffic count is approximately 19,513 daily. This 4.2-acre property includes a versatile 2,700 sq ft building with an office, restroom, and a six-bay shop-ideal for a wide range of businesses. The property benefits from grandfathered zoning, allowing continued use as either a new auto parts retail location or a salvage/used parts yard and store. Public utilities include natural gas, electricity, public water, and public sewer. - Seller has portfolio of two other auto related businesses available for purchase. Contact listing agent for details. Owner Considerations: - Seller will consider including tow truck with full-price offer and easy, quick closing. Comps justify the asking price. - Seller may transfer state license to resell used autos, but will not sign a non-compete. -Seller will consider partial owner-financing with down payment and balloon in 3 years. Best / Most Likely Uses (highest match to existing building & grandfathered status) Auto salvage yard + parts store - exactly what the grandfathering already allows; use the six bays for dismantling, parts storage, and storefront sales. Automotive parts retail (new & used) - over-the-counter sales using the bays as service/retail space. Tow / Recovery yard with retail parts - owner willing to include a tow truck; combine dispatch, vehicle storage, and retail. Automotive repair & service center - multi-bay repair shop, lube, alignment, tire mounting, etc. Fleet service /contractor vehicle shop - service and maintenance base for local contractors, delivery fleets, or towing companies. See other possible uses in Private Remarks.
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Property Features
- Age: Over 50 Years Old
- Amenities: Security System
- Exterior Type: Block
- Floor Covering: Concrete
- MLSID: 20255636
- Parking Spaces: 600
- Roof Type: Shingle
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