355 1st St NW 8,944 SF 100% Leased Office Building Cleveland, TN 37311 $1,300,000 ($145.35/SF)

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.

Investment Highlights:
-Approx. 8,000 SF office building
-Offered at $1.3M
-Existing income-producing tenants
-Multiple individual office rooms and suites
-Two full kitchens/break areas
-Multiple restrooms throughout
-Attractive courtyard spaces for tenants and visitors
-Ample on-site parking
-Flexible multi-tenant or owner-occupant potential
-Adjacent to park space and near Downtown Cleveland
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.