2603 S Cleveland Avenue, St. Joseph, MI 49085 (MLS# 25030991)

Property Use: Investment

SqFt Information: Carbon Monoxide Detector(s); Smoke Detector(s)

Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail

Ownership: LLC

Business Includes: Non-Applicable

Construction Type: Block

Exterior Material: Brick

Roofing: Composition

Foundation: Block

Below Grade: Full

Additional Features: Multi User Facility

Sewer: Public Sewer

Water: Public Water

Utilities Attached: Electricity Connected; Natural Gas Connected

Util Avail at St: Electricity Available; Natural Gas Available; Phone Available

Heat Source: Natural Gas

Heat Type: Forced Air

Driveway: Asphalt; Paved

Street Type: Paved; Public

Purchase Terms Avail: Cash; Conventional

Sale Conditions: None

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-mile radius and a median household income exceeding $64,000, the market supports a wide range of service-based and consumer-facing businesses. Over 30% of the local population holds a bachelor's degree or higher, and the area enjoys a low poverty rate and strong employment anchored by major institutions such as Whirlpool Corporation's global headquarters and Spectrum Health Lakeland. Daytime population and local purchasing power are further supported by regional tourism, nearby beaches, and recreational attractions. The combination of strong demographic fundamentals, limited commercial inventory, and strategic location near I-94 and Lake Michigan make the Camelot Center a compelling investment opportunity. With two tenants in place and modernized vacant space ready for lease-up, investors can enjoy immediate income and long-term upside in one of the region's most desirable submarkets.