About 2603 S Cleveland Avenue
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