MI > Niles
Niles, MI 49120,115 E Main Street
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Niles, MI 49120,115 E Main Street
Niles, MI 49120,115 E Main Street
Niles, MI 49120,115 E Main Street
Niles, MI 49120,115 E Main Street
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Pat Lotz Real Estate Group

Pat Lotz Real Estate Group

+1(734) 474-8713
$ 1,200,000
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115 E Main Street Niles, MI 49120

11,696 SqFt

UPDATED:

10/18/2024 05:03 PM

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 Sub-Type Business And Real Estate

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

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

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Joseph F Williams of The Home Source Group
agent

Pat Lotz Real Estate Group

Agent | License ID: 6501428832

+1(734) 474-8713

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115 E Main Street