Niles, MI 49120-2224,115 E Main Street
Niles, MI 49120-2224,115 E Main Street
Niles, MI 49120-2224,115 E Main Street
Niles, MI 49120-2224,115 E Main Street
Niles, MI 49120-2224,115 E Main Street
Niles, MI 49120-2224,115 E Main Street
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$ 975,000
Est. payment | /mo

11,696 SqFt


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$ 975,000
Est. payment | /mo
Save

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 $83

Subdivision Mi

MLS Listing ID 70501754

Year Built 1900

Annual Tax Amount $3,720

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 68x131

Property Sub-Type Commercial/Industrial

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

Roof Type Rubber

Building

Foundation Basement

Structure Type Block,Brick

Others

Ownership LLC

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by The Home Source Group
Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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115 E Main Street