302 & 306 E Main Street Niles, MI ^$ 545,000

302 & 306 E Main Street

^$ 545,000

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302 & 306 E Main Street

Niles, MI, 49120

^$ 545,000

Studio Baths0.0 Sq 15,822

Monthly Estimate*

^$ 3,807

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Studio

Commercial Property for sale in Niles, MI

for $545,000. This 15,822 square foot building was built in 1951 on a lot size of 0.14.

Prime investment opportunity with plenty of recent updates! Nearly 16,000 sqft of multi tenant commercial space located in Downtown Niles, MI. The versatile spaces are suitable for a wide range of businesses for back office or customer facing options. This location can be your next strategic move with high visibility or an opportunity to elevate your current investment portfolio. Set up an viewing of this property with a solid cap rate. Main level and lower level 100% occupied upper level 4 private offices available for lease.

Commercial Active

Price

^$ 545,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,118

Style

Commercial/Industrial

Lot Size

0.14

Year Built

1951

Town/City

Niles

County/Region

Berrien

MLS | Web ID

70386567

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Roof Other-See Remarks

Water Public Water Public Water at Street

Status Active Active

Year Built 1951

County Berrien

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Niles

Subdivision MI

Commercial Features Bath Cable Internet Installed Cable TV Available Electric Available Gas Available Telephone

Area Niles (11039)

Primary City Niles

Directions S 11th st West on E Main building is on the corner of S 3rd and E Main.

City Niles

Street Name Main

Financial Terms Cash Conventional

Legal Description 2 long legal descriptions per title commitment

DOM 95

Postal Code 49120

Price Per Sq Ft 34.45

Coming Soon Prime investment opportunity with plenty of recent updates! Nearly 16 000 sqft of multi tenant commercial space located in Downtown Niles

Exterior

Exterior Concrete Other

Frontage 165

Lot Size Area 0.14

Lot Dimensions 75*90

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Geothermal Natural Gas

* Excluded Features

List By

Joseph Williams

Listing Agent

The Home Source Group

Broker

joseph@thehomesourcegroup.com

Affordability Calculator

$4,400

Per Month

Monthly Principal & Interest: $3,807
Monthly Property Taxes: $593
Monthly Home Insurance: --

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Loan Term

Interest Rate

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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 23%

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
4/19/2024	$545,000	-8.40%	Price Down
3/9/2024	$595,000	-8.46%	Price Down
1/20/2024	$650,000		Listed Price

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302 & 306 E Main Street, Niles, MI, 49120 is a Commercial Property for sale at $545,000 with 15,822 sqft and a lot size of 0.14. 302 & 306 E Main Street is a studio with 0.0 baths and was built in 1951. 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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The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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302 & 306 E Main Street

Commercial Property for sale in Niles, MI

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