445 Church StCleveland, TN 37311

Property Details for 445 Church St

Year built

1890

Construction

WOOD

Lot size

7.40 AC

Property size (Sq ft)

14,014 SF

Zone code

CBD

Property type

Retail properties

Property subtype

Retail space

APN

057D O 004.00C001

APU

057DO00400C001

Description

The Old Woolen Mills, a stunningly renovated Class A commercial property in Cleveland, TN (445 Church St SE, 37311), offers 100,000 square feet of versatile space. Originally built in 1936 and completely renovated in 2024, this five-story building sits on a 7.75-acre lot and is zoned for commercial use. Multiple tenancy options are available, with a minimum divisible space of 1,500 square feet and the potential to lease the entire 100,000 square feet contiguously. The property is ideally suited for a variety of uses, including retail, office, and restaurant spaces. Its prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Cleveland. The building's modern amenities and historic charm create a unique and desirable environment for tenants. Three spaces are currently available, ranging in size from 1,000 to 100,000 square feet. This is a rare opportunity to secure space in a newly renovated, historically significant building in a thriving Tennessee community. Contact us today to learn more about leasing opportunities and customize your space to meet your specific business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $4,357,112

  6.5%

  $4,021,950

  7%

  $3,734,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,752,505

  Geo Method

  $6,888,598

• Alternative Use

  Use

  Valuation

  Residential

  $3,392,665

  Hospitality

  $3,107,663

  Educational

  $2,585,539

  Medical

  $2,674,460

  Retail

  $4,021,950

Location Insight

City

Cleveland

County

Bradley

State

Tennessee

Latitude

35.1557

Longitude

-84.8767

CBSA code

17420

CBSA name

CLEVELAND, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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