2220 Spring Place Rd SE

2220 Spring Place Rd SE, Cleveland, TN 37323

  • For Sale $525,000
  • Property Type Multi-Family
  • Property Size 5,040 SF
  • Units 7
  • Lot Size 0.42 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1987
  • Year Renovated 2024
  • Date Updated Jan 13, 2025
Situated in the vibrant city of Cleveland, TN, the location of this property offers an ideal blend of business and leisure. Just a short drive from Chattanooga, the property benefits from the thriving economy and robust business climate of the area. Nearby, investors will find popular attractions like the Tennessee Aquarium, the Walnut Street Bridge, and the vibrant arts and culture scene, all of which contribute to the appeal of the area as a business destination. With a diverse selection of dining, entertainment, and outdoor recreational opportunities, the area surrounding the property provides an enticing setting for businesses and employees alike.Introducing a prime investment opportunity in the heart of Chattanooga, TN, this multifamily property boasts a 5,040 SF building featuring 7 upgraded units. Built in 1987 and meticulously renovated in 2024, this property offers a seamless blend of modern comfort and enduring quality. Zoned C2, it presents versatile potential for a range of uses. With its strategic location in the desirable Chattanooga area, investors can capitalize on the strong demand for well-appointed, conveniently situated multifamily accommodations. Don't miss the chance to acquire a turnkey asset in a thriving market, offering both immediate returns and long-term appreciation potential.
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Highlights

  • - 5,040 SF low-rise building with 7 units
  • - Renovated in 2024 for modern appeal
  • - Versatile C2 zoning for flexible usage
  • - Well-maintained property built in 1987
  • - Proximity to amenities and conveniences

Contacts

broker

RealSmart

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent
  • Bike Score ®

    24/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Cleveland, TN
  • Neighborhood Wildwood Lake
  • Zip Code 37323
  • Market Chattanooga

Points of Interest

  • BP

    0.23 miles

  • Kangaroo

    0.25 miles

  • Murphy USA

    0.73 miles

  • Shell

    0.93 miles

  • Texaco

    1.27 miles

  • Exxon

    1.29 miles

  • Circle K

    1.49 miles

  • Citgo

    1.94 miles

  • Chevron

    2.71 miles

Frequently Asked Questions

How much does 2220 Spring Place Rd SE cost?

The space currently listed for sale at 2220 Spring Place Rd SE asks for $525,000.

What is the total square footage of 2220 Spring Place Rd SE?

2220 Spring Place Rd SE totals 5,040 square feet.

When was this property built?

2220 Spring Place Rd SE was built in 1987.

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