MI
Berrien
St Joseph Charter Township
49085
2603 S Cleveland Avenue
2603 S Cleveland Avenue, St Joseph Charter Township, MI 49085
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Listing Type
Commercial/Industrial
Listing Status
Active
47
$899,000

Home Details for 2603 S Cleveland Avenue

Price
$899,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
5.0
Square feet
NaN
Year built
1977
Lot size acres
1.6
County
Berrien
Garage
Basement
Full
Days on site
244
MLS Listing#
69025030991
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

Property Features
  • Utilities
    • Electricity Connected
    • Natural Gas Connected
    • Phone Available
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Asphalt
    • Paved
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: Ellsbury Group - 219-200-5133
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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