218 N Front St Niles, MI ^$ 450,000

218 N Front St

^$ 450,000

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218 N Front St

Niles, MI, 49120

^$ 450,000

Studio Baths0.0 Sq 5,668

Monthly Estimate*

^$ 3,143

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Studio

Commercial Property for sale in Niles, MI

for $450,000. This 5,668 square foot building was built in 1949 on a lot size of 0.15.

This commercial property in downtown Niles, MI, is more than a brick-and-mortar structure; it's a gateway to urban prosperity and artistic distinction. With three rented retail/office spaces, parking convenience, and an extraordinary mural by Kelsey Montague, it's a multifaceted investment that marries commerce with the community. It is your turn to own a piece of downtown Niles, where business thrives and art captivates. With a history of excellent rental performance, this property is not just a sound investment; it's a stable and lucrative addition to your portfolio. Benefit from the proven track record of consistent rental income. With many updates, such as a roof, flooring, electrical, and a repaved parking lot, this property has many benefits for the new owner.

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,859

Style

Commercial/Industrial

Lot Size

0.15

Year Built

1949

Town/City

Niles

County/Region

Berrien

MLS | Web ID

70386455

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 1949

Parking 6-10 Spaces

County Berrien

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Niles

Subdivision MI

Commercial Features Telephone

Area Niles (11039)

Primary City Niles

Directions Main St west to Front St. Turn right head north. Building on left side of the road. The building does not have a sign.

City Niles

Street Name Front St

Financial Terms Cash Conventional

Legal Description Per title work on file with the county.

DOM 95

Postal Code 49120

Price Per Sq Ft 79.39

Coming Soon This commercial property in downtown Niles MI is more than a brick-and-mortar structure; it's a gateway to urban prosperity and artistic distinction. With three rented retail/office spaces

Exterior

Exterior Brick

Frontage 75

Lot Size Area 0.15

Lot Dimensions 75x99

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Catherine Waggoner

Listing Agent

Ck Home Group

Broker

cwaggonerrealtor@gmail.com

Affordability Calculator

$3,382

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: $238
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Niles, MI

Average List Price ^$421,819

Percent of Sale Price 6%

About Niles, MI

11,146 Population

-7% Since 2002

^$33,845 Median Income

38.04 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/19/2024	$450,000		Listed Price

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218 N Front St, Niles, MI, 49120 is a Commercial Property for sale at $450,000 with 5,668 sqft and a lot size of 0.15. 218 N Front St is a studio with 0.0 baths and was built in 1949. The property's zip code is 49120 which is in Niles, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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218 N Front St

Commercial Property for sale in Niles, MI

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