Price Reduction
Address
1312 Lake Street, Niles, MI
Price
$ 2,700,000
Property Attributes
  • MLS#24009585
  • TypeCommercial
  • CountyBERRIEN
  • CityNiles
  • AreaNiles City
  • NeighborhoodNiles City
  • Zip49120
  • StyleRetail/Commercial
  • Year Built2020
  • Taxes$ 18280
  • Price$ 2,700,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size3.2 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Built in 2020 for Class C cannabis cultivation with 16,800 sq ft. Sale includes facility and all equipment. Location zoned for cannabis grow adult use recreational Marijuana/Cannabis. Building could be used for other purposes. The facility has 16' ceilings, 480 3 Phase power on a 3.2 acre site. Niles is the most populous city in Berrien County and is located along the Indiana Stateline with easy access to US 12, I-94 and 80/90 toll road making this a prime location for you new business venture. Several offices, bathrooms, break room, etc. Climate controlled, generator, lights, sprinklers, vault, warehouse space, etc Fully operational and turnkey with all you need to be up & running immediately upon obtaining your Class C license. Fantastic opportunity in not just the Cannabis Industry.

Price History
2/28/2024 Listed $2,950,000
4/30/2024 9% - $2,700,000

General Features

Sewer Public Sewer
Cooling Central Air
Utilities Phone Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Natural Gas Connected,Electric Connected
Possession Negotiable
Construction Materials Metal Siding
Year Built 2020
Township Niles City
Property SubType Retail/Commercial
Tax Year 2023
Business Type Other,Professional/Office,Distribution,Recreation,Manufacturing
County Berrien
New Construction No
Property Type Commercial Sale
Building Features Bath Common Area,Fire Sprinkler,Security System
Status Active
Directions Corner of Lake and 13t St,Niles
City Niles
High School District Niles
Total Units 1
MLS Area Southwestern Michigan - S
Lot Size Square Feet 139392.0
Waterfront Y/N No
Street Name Lake
Land Lease Y/N No
Tax Annual Amount 18280.0
Lease Renewal Y/N No
MLS Area Minor Southwestern Michigan - S
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 75
Standard Status Active
Tax Assessed Value 345555
MobileHomeRemainsYN No
Legal Description PART OF NW1/4 OF NW1/4 SEC 25 T7S R17W BOUNDED SE BY THE AIRLINE BRANCH OF THE MC RR N BY LAKE ST & W BY 13TH ST CITY O
Senior Community None

Interior Features

Total Fireplaces 1
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 3
Street Suffix Street
Electric On Property Y/N No
Total Baths 3

Exterior Features

Water Source Public
Inclusions {u'Equipment': True,u'Real Estate': True}
Lot Size Area 3.2
Number of Buildings 1
Spa No
Building Area Total 16800.0
Lot Dimensions irregular
Lot Size Acres 3.2
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49120

Price
AVG $560K
$2.7M
Taxes
AVG $5,350
$18,280
Visits
AVG 133
82
Data Provided by Inside Real Estate®
Year Built
AVG 1963
2020

Your Agent

Michael Anders

()

Listed By
Tammy Anders at MI Realty, A Michigan RE Co. - (269) 340-5200

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