105 E Main Street Niles, MI ^$ 695,000

105 E Main Street

^$ 695,000

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105 E Main Street

Niles, MI, 49120

^$ 695,000

Studio Baths0.0 Sq 5,700

Monthly Estimate*

^$ 4,855

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Studio

Commercial Property for sale in Niles, MI

for $695,000. This 5,700 square foot building was built in 1840 on a lot size of 0.05.

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!

Commercial Active

Price

^$ 695,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,754

Style

Business

Lot Size

0.05

Year Built

1840

Town/City

Niles

County/Region

Berrien

MLS | Web ID

70389343

Features

General

Heating Forced Air

Possession At Close

Roof Rubber

Water Public Water Public Water at Street

Status Active Active

Year Built 1840

County Berrien

Class COM/IND/BUS OPP

Type Business

Percent Ownership LLC

Municipality Niles

Zoning Commercial

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Electric Available Furniture Telephone

Area Niles (11039)

Primary City Niles

Virtual Tour https://elevatehomemedia.aryeo.com/sites/yzpkwjb/unbranded

Directions On the North side of Main Street between Front and 2nd.Gather Event Space and Urban Suites

City Niles

Street Name Main

Financial Terms Cash Conventional

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

DOM 82

Postal Code 49120

Price Per Sq Ft 121.93

Coming Soon

Exterior

Exterior Brick Concrete Stone

Frontage 20

Lot Size Area 0.05

Lot Dimensions 20' x 95'

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kathleen Virgil

Listing Agent

@Properties Christie's International R.E.

Broker

kathyvirgil@atproperties.com

Affordability Calculator

$5,584

Per Month

Monthly Principal & Interest: $4,855
Monthly Property Taxes: $730
Monthly Home Insurance: --

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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 39%

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
3/15/2024	$695,000	-7.33%	Price Down
2/9/2024	$750,000		Listed Price

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105 E Main Street, Niles, MI, 49120 is a Commercial Property for sale at $695,000 with 5,700 sqft and a lot size of 0.05. 105 E Main Street is a studio with 0.0 baths and was built in 1840. 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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105 E Main Street

Commercial Property for sale in Niles, MI

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