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
Niles, MI 49120,115 E Main Street
Niles, MI 49120,115 E Main Street
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Paige + Brandon Corbalis

Paige + Brandon Corbalis

+1(574) 222-7086
$ 1,200,000
Est. payment | /mo

8 Baths

11,696 SqFt


Save
$ 1,200,000
Est. payment | /mo
Save

8 Baths

11,696 SqFt

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

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

Listed by The Home Source Group

GET MORE INFORMATION

agent
Paige + Brandon Corbalis

Managing Broker/Owner

+1(574) 222-7086 | paige@brickbuiltre.com

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115 E Main Street