240 Edwards St Se, Cleveland, TN 37311

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Sold Price
$2,850,000
List Price
$3,900,000
Status
CLOSED
Days on Market
189
Closing Date
Apr 15, 2026
MLS#
3125857
Subtype
Commercial Sale
Year Built
1923
Lot Size
56,628
Acres
1.30

Property Description

Discover a Landmark of Manufacturing Heritage at 240 Edwards Street SE, Cleveland, TN Step into a storied piece of Cleveland's industrial legacy with this impressive 24,000 + sq ft former appliance manufacturing and parts campus. With the original portion being constructed in 1923, the three-story building combines historical significance and charm with modern functionality. Inside, discover large, adaptable spaces ideal for training, call centers, executive offices, or collaborative areas. It's fully equipped for immediate operation, boasting secure fob access, comprehensive security systems, multiple entrance points, a generously sized kitchen, and infrastructure designed to support high-capacity employee and guest circulation. Located at the eastern gateway to the revitalization of the Former Magic Chef/Maytag/Whirpool site, this asset benefits from Cleveland's championed redevelopment initiatives. The Downtown Redevelopment Master Plan—publicly launched in May 2019—has catalyzed transformation across Edwards and Inman Streets. Key improvements include the recent Inman Street Corridor Project (January-October 2024), featuring widened sidewalks, enhanced lighting, new street trees, and safer pedestrian flow, drawing renewed interest and investment. This resurgence has spurred numerous historic restorations: from the award-winning conversion of the former Cherokee Hosiery Mill into 52 loft apartments, to the beautifully renewed Harle (Moore) Building at Edwards/Inman, now home to HHM CPAs. The momentum continues with streetscape enhancements, greenway expansions, and renewed focus on walkability and community vibrancy.

Additional Information

Zoning
Industrial

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Listing courtesy of Bender Realty LLC. Selling Office: Coldwell Banker Kinard Realty.

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