Address
105 E Main Street, Niles, MI
Price
$ 695,000
Property Attributes
  • MLS#24006870
  • TypeCommercial
  • CountyBERRIEN
  • CityNiles
  • AreaNiles City
  • NeighborhoodNiles City
  • Zip49120
  • StyleBusiness
  • Year Built1840
  • Taxes$ 8754
  • Price$ 695,000
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size2,178 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

3 story business opportunity completely renovated in the past 3 years is a must see! This turnkey property has a great urban feel maintaining the architectural integrity of soaring ceilings and exposed brick while offering all new windows, roof, flooring and more. Main floor event space with kitchen has proven rental history. 2nd floor offers two 1 bed/1 bath units with separate keyed entry. 3rd floor 1900 sq. ft. 3 bed/2 bath fully furnished unit was completed in 2024 and is a WOW! Short term or long term rentals. Rent all 3 or live on the 3rd floor and rent the other units. You decide! Full basement. Excellent location! One block from the St. Joe River and Park with access to the bike trail. Be a part of the exciting things that are happening in Niles. Schedule an appointment today!

Price History
2/9/2024 Listed $750,000
3/15/2024 8% - $695,000

General Features

Sewer Public Sewer
Cooling Central Air
Utilities Public Water Available,Public Sewer Available,Electric Available,Cable Available,Phone Connected,Natural Gas Connected,Electric Connected,Cable Connected
Possession Close Of Escrow
Roof Rubber,Concrete
Construction Materials Brick,Stone
Year Built 1840
Tenant Pays Common Area Maintenance,Electricity,Gas,Taxes,Sewer,Trash Collection,Water
Township Niles City
Property SubType Business
Tax Year 2023
Business Type Other
County Berrien
New Construction No
Property Type Commercial Sale
Status Active
Directions On the North side of Main Street between Front and 2nd. Gather Event Space and Urban Suites
City Niles
High School District Niles
Zoning Description Commercial
Total Units 4
MLS Area Southwestern Michigan - S
Lot Size Square Feet 1980.0
Waterfront Y/N No
Street Name Main
Land Lease Y/N No
Tax Annual Amount 8754.85
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
Virtual Tour https://elevatehomemedia.aryeo.com/sites/yzpkwjb/unbranded
Availability Date 2024-03-01
Days on Market 95
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 157700
Ownership Type LLC
MobileHomeRemainsYN No
Legal Description PART OF LOT 1 WILLIAM JUSTICE PLAT CITY OF NILES COM 46'E OF SW COR OF SAID LOT 1 TH E 20' N 98' W 20' S 98'TO BEG
Senior Community None

Interior Features

Basement Full
Total Fireplaces 1
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 5
Street Suffix Street
Electric On Property Y/N No
Total Baths 5

Exterior Features

Water Source Public
Inclusions {u'Furniture': True}
Lot Size Area 0.05
Foundation Details None,Concrete Perimeter,Block
Number of Buildings 1
Spa No
Building Area Total 5700.0
Lot Dimensions 20' x 95'
Lot Size Acres 0.05
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
$700K
Taxes
AVG $5,350
$8,754
Visits
AVG 133
91
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1840

Your Agent

Listed By
Kathleen L Virgil at @properties Christie's International R.E. - (269) 469-0700

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