115 E Main Street Active

Niles,MI 49120

$ 1200000

0 Bed

- Bath

11696 SqFt


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

Year Built 1900

Annual Tax Amount $3,553

Lot Size 8,712 Sqft

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

Interior

Heating Forced Air,Central Air

Exterior

Waterfront no

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

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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