355 NW 1st St, Cleveland, TN 37311

$1,300,000

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List Price
$1,300,000
Status
ACTIVE
Days on Market
102
MLS#
3244564
Subtype
Commercial Sale
Year Built
1935
Lot Size
9,583
Acres
0.22

Property Description

8,000 SF Office Investment Near Downtown Cleveland | Marketing description | For Sale | Prime Downtown Cleveland Office Investment | 355 1st St NW, Cleveland, TN 37311 | Offered at $1,300,000: Positioned just steps from Downtown Cleveland, this approximately 8,000 SF multi-tenant office property presents an exceptional opportunity for investors or owner-users seeking a well-located commercial asset with immediate income and future upside. Adjacent to a neighborhood park and surrounded by established businesses, the property offers a highly walkable setting with convenient access to downtown amenities, restaurants, and government offices. The building features numerous individual office suites and flexible floor plans ideal for professional services, medical, counseling, nonprofit, or mixed office users. Current rent roll is approximately $4,250/month, with additional leasing opportunities available, offering potential for increased occupancy and revenue growth. This is a rare opportunity to acquire a centrally located office asset in one of Cleveland’s growing commercial corridors with both stable income and leasing upside. Additional office spaces are currently available for lease.

Additional Information

Zoning
Commercial

Courtesy of Bridge Real Estate Group

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