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115 E Main Street Niles, MI 49120
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Key Details
Sold Price $910,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 11,696 sqft
Price per Sqft $77
Municipality Niles City
MLS Listing ID 25055090
Sold Date 05/15/26
Full Baths 8
Year Built 1900
Annual Tax Amount $3,720
Tax Year 2024
Lot Size 8,913 Sqft
Acres 0.2
Lot Dimensions 68x131
Property Sub-Type Retail
Source Michigan Regional Information Center (MichRIC)
Property Description
Over 11,000 sq. ft. of finished and fully occupied space plus almost 9,000 sqft of clean basement space in a historic building in downtown Niles, MI offers a prime investment opportunity. The main floor is leased to a successful gym, ensuring steady traffic and income. Two upstairs units are rented as long-term residential properties, providing additional income stability.
With a remodel taking place in 2022 and a 100% occupancy rate, this property is a solid income generator with potential for long-term growth.
Location
State MI
County Berrien
Area Southwestern Michigan - S
Interior
Interior Features Broadband
Heating Forced Air
Cooling Central Air, Wall Unit(s)
Exterior
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Roof Type Rubber
Building
Building Description Brick, Multi User Facility
Structure Type Brick
New Construction No
Schools
School District Niles
Others
Tax ID 11-72-3920-0003-00-8
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Bought with The Home Source Group
NEARBY SCHOOLS & BUSINESSES
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