$ 1,200,000
115 E Main Street Niles, MI 49120-2224
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$ 1,200,000
Est. payment | /mo
11,696 SqFt
$ 1,200,000
Est. payment | /mo
11,696 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 11,696 sqft
Price per Sqft $102
Subdivision Mi
MLS Listing ID 70437478
Year Built 1900
Annual Tax Amount $3,553
Tax Year 2024
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 (11039)
Interior
Heating Forced Air
Exterior
Waterfront No
Roof Type Rubber
Building
Foundation Basement
Water Public Water, Public Water at Street
Structure Type Block,Brick
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by The Home Source Group
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