405 N 2nd Street Niles, MI ^$ 249,000

405 N 2nd Street

^$ 249,000

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405 N 2nd Street

Niles, MI, 49120

^$ 249,000

Studio Baths2.0

Monthly Estimate*

^$ 1,739

405 N 2nd Street, Niles, MI 49120 - Image 1

405 N 2nd Street, Niles, MI 49120 - Image 2

405 N 2nd Street, Niles, MI 49120 - Image 3

405 N 2nd Street, Niles, MI 49120 - Image 4

405 N 2nd Street, Niles, MI 49120 - Image 5

405 N 2nd Street, Niles, MI 49120 - Image 6

Studio

Commercial Property for sale in Niles, MI

for $249,000 with 2 full baths. This building was built in 1924 on a lot size of 0.5.

Former Cowboy Saloon was a bar/saloon. Price includes real estate & furnishings. There is no liquor license. Located in the downtown district next to City Hall.

Commercial Active

Price

^$ 249,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 3,514

Style

Retail/Commercial

Lot Size

0.5

Year Built

1924

Town/City

Niles

County/Region

Berrien

MLS | Web ID

23001528

Features

General

Sewer Public Sewer

Cooling Central Air

Utilities Phone Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Phone Connected Natural Gas Connected Electric Connected Cab

Possession Close Of Escrow

Roof Composition Rubber

Construction Materials Metal Siding

Year Built 1924

Property SubType Retail/Commercial

Tax Year 2022

Business Type Bar/Tavern/Lounge

County Berrien

New Construction N

Property Type Commercial Sale

Attached Garage N

Building Features Barrier Free Fire Sprinkler Security System

Status Active

Directions Main Street to 2nd Street. North to property.

City Niles

High School District Niles

Total Units 1

MLS Area Southwestern Michigan - S

Lot Size Square Feet 21780.0

Waterfront Y/N N

Street Name 2nd

Land Lease Y/N N

Tax Annual Amount 3514.0

Lease Renewal Y/N N

MLS Area Minor Southwestern Michigan - S

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Availability Date 2023-01-16

Days on Market 462

Standard Status Active

Tax Assessed Value 64934

Ownership Type Proprietorship

Legal Description THE N 26' OF LOT 7 & AND THE S 54' OF LOT 8 HB & GW HOFFMAN'S ADD CITY OF NILES

Senior Community None

Exterior

Parking Features Asphalt Driveway

Water Source Public

Total Parking 30.0

Inclusions {u'Licenses': True u'Equipment': True u'Real Estate': True u'Furniture': True}

Lot Size Area 0.5

Number of Buildings 1

Spa N

Building Area Total 6108.0

Lot Dimensions 158' x 137'

Lot Size Acres 0.5

Road Surface Type Paved

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Fireplaces 1

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Full Baths 2

Street Suffix Street

Electric On Property Y/N N

Total Baths 2

Internal Only

Street Number 1 405

* Excluded Features

List By

Cressy Commercial Real Estate

Broker

jringler@cressy.com

Affordability Calculator

$2,032

Per Month

Monthly Principal & Interest: $1,739
Monthly Property Taxes: $293
Monthly Home Insurance: --

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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 69%

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.

250093 Elementary School

249772 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2023	$249,000	-15.59%	Price Down
1/16/2023	$295,000		Listed Price

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405 N 2nd Street, Niles, MI, 49120 is a Commercial Property for sale at $249,000 with a lot size of 0.5. 405 N 2nd Street is a studio with 2.0 baths and was built in 1924. 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 4/29/2024.

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405 N 2nd Street

Commercial Property for sale in Niles, MI

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