St. Joseph, MI 49085,2603 S Cleveland AVE
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St. Joseph, MI 49085,2603 S Cleveland AVE
St. Joseph, MI 49085,2603 S Cleveland AVE
St. Joseph, MI 49085,2603 S Cleveland AVE
St. Joseph, MI 49085,2603 S Cleveland AVE

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$ 899,000
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2603 S Cleveland AVE St. Joseph, MI 49085

5 Baths

10,222 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,222 sqft

Price per Sqft $87

MLS Listing ID 69025030991

Year Built 1977

Lot Size 1.600 Acres

Property Description

We are pleased to present the Camelot Center, a +/-10,222 square foot multi-tenant commercial building strategically located at 2603 S Cleveland Avenue in St. Joseph, Michigan. This well-maintained property offers a rare opportunity to acquire income-producing real estate with value-add potential in a stable, high-demand market. The building consists of four ground-level suites and three separate basement entries, which provide opportunities for additional leasable square footage or storage. Currently, two units are occupied by long-term tenants--a hair salon and a sports retailer--while the remaining suites, including a recently renovated +/-4,600 square foot space, are available for immediate lease.Three of the four commercial suites are now leased at $660, $1,203, and $2,200 per month, with just one space left to lease outbringing the property near stabilization and creating immediate in-place income with room for continued upside. Renovations include updated finishes, new carpet, modern lighting, and a reimagined interior layout. Additionally, there is potential to convert the building into five units by installing a dividing wall in the remaining space. A separate exterior entrance already exists, making the split clean and functionalor the layout can be preserved as-is for a larger user.

Positioned along a major commercial corridor with traffic counts between 5,000 and 10,000 vehicles per day, the property benefits from high visibility and convenient access. A newer roof covers half the structure, and the site offers generous front and rear parking. The flexible zoning designation ("X" Strip Commercial Center) and multi-unit layout make this an ideal asset for a variety of users, including medical offices, wellness centers, legal or financial services, retail showrooms, or professional office tenants.

St. Joseph is a vibrant, affluent community along Michigan's southwest shoreline, known for its mix of permanent residents and seasonal visitors. With a population of approximately 46,000 within a five-mil

Location

State MI

County Berrien

Area Area94061Stjosephtwp

Rooms

Basement Full

Interior

Heating ForcedAir, NaturalGas

Exterior

Parking Features Asphalt, Paved

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Composition

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

School District Stjoseph

Others

Ownership LLC

Acceptable Financing Cash, Conventional, Lease

Listing Terms Cash, Conventional, Lease


Realcomp MLS
Listed by Lane Moser of Ellsbury Commercial Group
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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