2513 N 5th Street Niles, MI ^$ 175,000

2513 N 5th Street

^$ 175,000

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2513 N 5th Street

Niles, MI, 49120

^$ 175,000

Studio Baths0.0 Sq 4,680

Monthly Estimate*

^$ 1,222

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Studio

Commercial Property for sale in Niles, MI

for $175,000. This 4,680 square foot building was built in 1964 on a lot size of 0.82.

Are you ready to stop working for a paycheck and build a future as an entrepreneur? This property has much to offer. Real Estate is offered separate from the automotive business or both can purchased at a combined price of $255,000. Zoned General Business with a high traffic count being located on N 51 between Niles & Dowagiac. Excellent exposure for any business. Operating for over 20 years as auto repair and engine repair shop with a well-established client base, general auto repair or race engine replacement/repair. Newer addition added to building, motor oil burning furnace for heating, central A/C, rear loading dock, side street entrance, customer parking, small waiting room, office space and 5 overhead bay doors plus Illuminated building signage included.

Commercial Active

Price

^$ 175,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,618

Style

Commercial/Industrial

Lot Size

0.82

Year Built

1964

Town/City

Niles

County/Region

Berrien

MLS | Web ID

70311653

Features

General

Heating Forced Air

Possession At Close

Roof Composite

Water Public Water Public Water at Street

Status Active Accepting Backup Offers

Year Built 1964

Parking 6-10 Spaces

County Berrien

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Niles Twp

Subdivision MI

Commercial Features Electric Available Gas Available Outside Storage

Area Niles Twp (11014)

Primary City Niles

Directions 5th Street from downtown North to address. Property is located in township

City Niles

Street Name 5th

Financial Terms Cash Conventional

Legal Description See attached survey

DOM 350

Postal Code 49120

Price Per Sq Ft 37.39

Coming Soon

Exterior

Exterior Aluminum Frame Metal Pole Steel Wood

Frontage 167

Lot Size Area 0.82

Lot Dimensions 167x196x165x228

Roads City/County Paved Street

Waterfront Y/N No

Interior

Ceiling Height Greater than 20 Ft.

Fuel Type Oil

* Excluded Features

List By

Elizabeth Van Leeuwen

Listing Agent

Bon Realty

Broker

bethvan@bonrealty.com

Affordability Calculator

$1,441

Per Month

Monthly Principal & Interest: $1,222
Monthly Property Taxes: $218
Monthly Home Insurance: --

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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 141%

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
5/15/2023	$175,000		Listed Price

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2513 N 5th Street, Niles, MI, 49120 is a Commercial Property for sale at $175,000 with 4,680 sqft and a lot size of 0.82. 2513 N 5th Street is a studio with 0.0 baths and was built in 1964. 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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2513 N 5th Street

Commercial Property for sale in Niles, MI

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