115 E Main Street new Save Request In-Person Tour Request Virtual Tour
Niles,MI 49120
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 11,696 sqft
Price per Sqft $102
Municipality Niles City
MLS Listing ID 24055025
Full Baths 8
Year Built 1900
Annual Tax Amount $3,553
Tax Year 2024
Lot Size 8,908 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 Southwestern Michigan - S
Direction S 11th st to Main St downtown
Interior
Heating Forced Air
Cooling Wall Unit(s),Central Air
Inclusions Real Estate
Exterior
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Water Available,Sewer Available,Broadband
Waterfront No
View Y/N No
Roof Type Rubber
Building
Building Description Brick, Multi User Facility
Sewer Public Sewer
Water Public
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