$975,000

115 E Main Street, Niles City, MI 49120

  • 8 baths |
  • 11,696 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $83/sqft
  • Property List Date Icon Listed 8 days ago

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.

Listing Status:
Active
Listing Office:
The Home Source Group : 2697678747
Listing Agent:
Joseph F Williams : 2694796510
MLS ID:
69025055090
  • Basement: Common storage locker
  • A/C: Central airWall units
  • Heating: Forced airNatural gas
  • Roofing: Rubber
  • General: BlockBrickBasement
  • Originating MLS: Southwestern Michigan Association of REALTORS
  • School District: Niles
  • County: Berrien
  • Zoning: LOT 3 WILLIAM JUSTICE PLAT CITY OF NILES117239200003008
  • Current Use: Investment
  • Utilities: Cable connectedElectricity connectedNatural gas connectedPhone available
  • Water: Public
  • Sewer: Public sewer
  • Source: Southwestern Michigan Association of REALTORS
  • Ownership: LLC

This listing courtesy of Joseph F Williams, The Home Source Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eastside Connections School

1 Tyler St, Niles, MI, 49120

Grades KG-8

0.89 miles away

E

Eastside Connections School

1 Tyler St, Niles, MI, 49120

Grades KG-8

0.89 miles away

N

Niles Community Schools Adult Education

111 Spruce St, Niles, MI, 49120

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.