Robert Cronin
REALTOR®, ABR, LRS, NAR, SRS, e-PRO
SQUARE FEET8,814
MLS#3243849
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Income-Producing Investment Opportunity with Retail Space Excellent investment opportunity featuring eight fully occupied one-bedroom apartments and a central retail space, all conveniently located on one level. The property is designed with four apartment units on each side of the retail space, creating an efficient layout and strong income potential. Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors. Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation. Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components. Call today for additional financial information and to schedule a private tour.
Property Features
Property Type: Commercial - Business
Lot Size: 1.10 Acres
Roof Type: Metal
Year Built: 1976
Feature Descriptions
Days on Site: 1
Parcel#: 082 00602 000
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Kinard Realty
Agency Phone: 4234765532
Shown By
Agent Name: Robert Cronin
Agent Phone: (615) 339-4116
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
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1242 Ladd Springs Rd Se | MLS# 3243849
This commercial property located at 1242 Ladd Springs Rd Se, Cleveland, TN 37323 is currently listed for sale with an asking price of $800,000. Search Cleveland real estate on robertcronin.crye-leike.com today.