2603 S Cleveland Avenue St. Joseph, MI 49085
5 Baths
10,222 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,222 sqft
Price per Sqft $92
Municipality St. Joseph Twp
MLS Listing ID 25030991
Full Baths 5
Year Built 1977
Annual Tax Amount $13,293
Tax Year 2024
Lot Size 1.600 Acres
Acres 1.6
Lot Dimensions 263x276x223x60x40x216
Property Sub-Type Retail
Property Description
Strategically positioned along Cleveland Ave, the property benefits from excellent visibility with an estimated 5,000-10,000 vehicles passing daily. With ample front and rear parking, the site is well-suited for a wide range of tenant types, including retail, medical, and professional office users. Recent interior updates to the vacant spacesnew flooring, paint, and lightingmake them move-in ready and reduce near-term capital requirements for investors.
Located near Martin's Supermarket and surrounded by other national and local retailers, this location serves a strong consumer base with healthy area demographics. With stable cash flow from the existing tenants and the potential to increase rents through lease-up and monetizing the basement square footage, this property presents a great opportunity for investors looking for value in a proven retail market. Properly managed, 2603 S Cleveland Ave can deliver both stability and upside. With ample front and rear parking, the site is well-suited for a wide range of tenant types, including retail, medical, and professional office users. Recent interior updates to the vacant spacesnew flooring, paint, and lightingmake them move-in ready and reduce near-term capital requirements for investors.
Located near Martin's Supermarket and surrounded by other national and local retailers, this location serves a strong consumer base with healthy area demographics. With stable cash flow from the existing tenants and the potential to increase rents through lease-up and monetizing the basement square footage, this property presents a great opportunity for investors looking for value in a proven retail market. Properly managed, 2603 S Cleveland Ave can deliver both stability and upside.
Location
State MI
County Berrien
Area Southwestern Michigan - S
Direction Located on Cleveland Ave next to the Camelot Condo community and directly across from Point Blue
Interior
Heating Forced Air
Inclusions Non-Applicable
Exterior
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 68
Building
Building Description Brick, Multi User Facility
Foundation Block
Structure Type Brick
New Construction No
Schools
School District St. Joseph
Others
Tax ID 11-18-0002-0001-14-9
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash