2603 S Cleveland Avenue Active Save Request In-Person Tour Request Virtual Tour
St. Joseph Twp,MI 49085
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,222 sqft
Price per Sqft $92
MLS Listing ID 69025030991
Year Built 1977
Annual Tax Amount $13,293
Lot Size 1.600 Acres
Acres 1.6
Lot Dimensions 263x276x223x60x40x216
Source Southwestern Michigan Association of REALTORS®
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 St. Joseph Twp
Direction Located on Cleveland Ave next to the Camelot Condo community and directly across from Point Blue
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Utilities Available Carbon Monoxide Alarm(s),Smoke Alarm
Roof Type Composition
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block,Brick
Schools
School District St. Joseph
Others
Tax ID 111800020001149
Acceptable Financing Cash,Conventional,Lease
Listing Terms Cash,Conventional,Lease
Financing Cash,Conventional,Lease
Special Listing Condition Unknown/Data Share Listings