MI > Niles
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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$975,000
Est. payment /mo
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8 Baths
11,696 SqFt
New

115 E Main Street Niles, MI 49120

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Antone Hines

Antone Hines

+1(269) 500-1074

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 11,696 sqft

Price per Sqft $83

Municipality Niles City

MLS Listing ID 25055090

Full Baths 8

Year Built 1900

Annual Tax Amount $3,720

Tax Year 2024

Lot Size 8,913 Sqft

Acres 0.2

Lot Dimensions 68x131

Property Sub-Type Retail

Source Michigan Regional Information Center (MichRIC)

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 Southwestern Michigan - S

Interior

Interior Features Broadband

Heating Forced Air

Cooling Central Air, Wall Unit(s)

Inclusions Real Estate

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Rubber

Building

Building Description Brick, Multi User Facility

Structure Type Brick

New Construction No

Schools

School District Niles

Others

Tax ID 11-72-3920-0003-00-8

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by The Home Source Group

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Antone Hines

Antone Hines

Agent

+1(269) 500-1074

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115 E Main Street