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Niles,MI 49120
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 11,696 sqft
Price per Sqft $102
MLS Listing ID 69024055025
Originating Board Southwestern Michigan Association of REALTORS®
Year Built 1900
Annual Tax Amount $3,553
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 68x131
Property Description
Over 11,000 sq. ft. of finished and fully occupied space plus almost 9,000 sqft of clean basement space in a historic building in downtown Niles, MI offers a prime investment opportunity. The main floor is leased to a successful gym, ensuring steady traffic and income. Two upstairs units are rented as long-term residential properties, providing additional income stability.With a remodel taking place in 2022 and a 100% occupancy rate, this property is a solid income generator with potential for long-term growth.
Location
State MI
County Berrien
Area Niles
Direction S 11th st to Main St downtown
Interior
Heating Forced Air,Central Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Rubber
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Niles
Others
Tax ID 117239200003008
Ownership Private Owned
Acceptable Financing Cash,Conventional
Rebuilt Year 20
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings