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140 Inman Street East

Cleveland, TN 37311
  • $499,900
  • STATUS: Active Under Contract
  • ON SITE: 106 Days
  • MLS #: 20214860
Under Contract
UPDATED: 85 min ago
$499,900
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4000+
    SQFT
  • $36
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1938
County:
Area:

School Ratings & Info

Description

Historic Downtown Location with immeasurable potential. Located in the center of the Downtown Cleveland Revitalization Project, this property offers high visibility with 125 feet of road frontage on Inman Street. The unique facade of this building with its slant front glass and curved brick corner is one of a kind and speaks to the architecture of the early 20th Century. The property boasts a large private parking lot that can accommodate 40 spaces with access from Inman as well as from the rear on 1st Street SE. The building and parking cover over 30,000 sq. ft of prime development opportunity in the heart of downtown. Large open spaces on the interior are ready for your build out or to be divided for multiple tenants. Or skyward to provide a multi-use property with main level business and upper level living. The surrounding businesses and neighbors include The Museum at Five Point, the various shops at First Street Square, The Cleveland Billard Club, The Catch Bar and Grill, Isbill Floral Gallery, Pinnacle Bank, The Press Restaurant, Mash and Hops Craft Beers, The Stack Restaurant and many others as well as various loft residential units in the area. The Revitalization Plan includes the development of a First Class Sports Facility, Modern Urban Living, Boutique Hotels, Community Amphitheater, Destination Dining, Options for Large and Small Retail Space. Located within 3 blocks (Walking Distance), you will find the Courthouse Square filled with numerous banks, churches, city and county municipal offices, law offices, restaurants, retail spaces and post office as well as the Southern border of Lee University, this property provides various options for development. The possibilities for this prime location are endless. Zoned Commercial Business District. For a glimpse of what this area will look like in years to come, visit https://vimeo.com/showcase/5879389 to view the Cleveland, TN Downtown Master Plan.

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© 2021 River Counties Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Austin Sizemore Team | Brokered by eXp Realty. Data last updated: 2021-12-01T21:47:20.577.
www.austinsizemore.com/homes/120516952
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140 Inman Street East Cleveland, TN 37311

  • Price: $499,900
  • Status: Active Under Contract
  • On Site: 106 Days
  • Updated: 85 min ago
  • MLS #: 20214860
0
Beds
0
Baths
0
½ Baths
0.7
Acres
4000+
SQFT
$36
$/SQFT
1938
Built
Neighborhood:
City Of Cleveland
County:
Bradley
Area:
Cleveland NE
Property Description
Historic Downtown Location with immeasurable potential. Located in the center of the Downtown Cleveland Revitalization Project, this property offers high visibility with 125 feet of road frontage on Inman Street. The unique facade of this building with its slant front glass and curved brick corner is one of a kind and speaks to the architecture of the early 20th Century. The property boasts a large private parking lot that can accommodate 40 spaces with access from Inman as well as from the rear on 1st Street SE. The building and parking cover over 30,000 sq. ft of prime development opportunity in the heart of downtown. Large open spaces on the interior are ready for your build out or to be divided for multiple tenants. Or skyward to provide a multi-use property with main level business and upper level living. The surrounding businesses and neighbors include The Museum at Five Point, the various shops at First Street Square, The Cleveland Billard Club, The Catch Bar and Grill, Isbill Floral Gallery, Pinnacle Bank, The Press Restaurant, Mash and Hops Craft Beers, The Stack Restaurant and many others as well as various loft residential units in the area. The Revitalization Plan includes the development of a First Class Sports Facility, Modern Urban Living, Boutique Hotels, Community Amphitheater, Destination Dining, Options for Large and Small Retail Space. Located within 3 blocks (Walking Distance), you will find the Courthouse Square filled with numerous banks, churches, city and county municipal offices, law offices, restaurants, retail spaces and post office as well as the Southern border of Lee University, this property provides various options for development. The possibilities for this prime location are endless. Zoned Commercial Business District. For a glimpse of what this area will look like in years to come, visit https://vimeo.com/showcase/5879389 to view the Cleveland, TN Downtown Master Plan.
Exterior Features

Accessible Transportation Government Maintained Road Construction ConcreteBlockBrickSteel Frame Parking Facilities Asphalt31-75 SpacesAttached Road Frontage City Street Roof Construction Built UpRolled/Hot MopMetalPitchedFlat

Interior Features

Eave Height 11-13 Feet Floors Concrete Truckload Door Height And Type 1-3 Doors8-10 FeetGround Level Door

Property Features

Commercial Zoning Central Bus.Dis Condition Of Structure Needs Repair Est Age Range 51+ Years Existing Financing Debt Free For Sale Rent Sale Land Commercial Locationof Property City Central Miscellanous Historic DistrictInside StoragePole Sign New Financing Conventional1031 Exchange Possession At Closing Property Type Retail/Commercial Retail Commercial Other Sewer Public Sewer Total Taxes 3000.00 Virtual Tour Tour.Usamls.Net/140-Inman-Street-East-Cleveland-Tn-37311/Unbranded Water Public

Listing provided courtesy of Ginger Savage of Bender Realty.


© 2021 River Counties Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Austin Sizemore Team | Brokered by eXp Realty. Data last updated: 2021-12-01T21:47:20.577.
 
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Austin Sizemore Team | Brokered by eXp Realty
2010 East Main Street
Chattanooga TN, 37404