463 Central Ave NW, Cleveland, TN, 37311
About This Home
PRIME DOWNTOWN COMMERCIAL BUILDING FOR SALE! Discover an exceptional investment opportunity in the heart of downtown! This commercial building is perfectly positioned in a high-traffic area. Located on Central Avenue, this property is ideal for a wide range of businesses. Property Highlights include a strategic location surrounded by thriving businesses, restaurants, and retail shops, this building benefits from consistent traffic and easy accessibility. Versatile Layout - The open floor plan allows for easy customization to suit a variety of business needs. With this flexible space, this property can accommodate office spaces, retail stores, or a mix of both. Recently updated, this building is move-in ready for your business or tenants. There are ample parking options and excellent public transportation links make this location convenient for employees and customers alike. Growth Potential - Situated in a booming area of downtown, this building offers tremendous growth potential for any investor or business owner looking to capitalize on the area's ongoing development. Don't miss your chance to own a piece of prime downtown real estate! Schedule a viewing today and explore how this property can elevate your business or investment portfolio!
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1977
Materials
- Foundation: Block
- Roof: Asphalt,Shingle,Tar/Gravel
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Office
Interior
Appliances
- Appliances included: None
- Laundry features: None
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceiling Fan(s),Open Floorplan,Storage
- Flooring: Luxury Vinyl
- Finished area above ground: 1,200
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Accessibility
- Accessibility features: Accessible Closets,Accessible Central Living Area
Details
- Parcel number: 049n G 003.00
Features
- Levels: One
- Patio & porch: Front Porch
- Exterior features: Other
- Fencing: None
Lot
- Lot size: 6,098 sqft
- Features: Cleared,City Lot,Open Lot,Near Public Transit
Parking
- Parking features: Asphalt,Paved,Parking Lot
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Lightning
- Tornado
- Cold Wave
- Hail
- Ice Storm
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,486 | $17,832 |
| Home Insurance | $181 | $2,172 |
| Property Taxes | $107 | $1,284 |
| Electricity | $175 | $2,103 |
| Total | $1,949 | $23,388 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-29 | Listed for sale | $294,000 |
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