$2,000,000
$2,250,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
410 N 2nd Street Niles, MI 49120
7 Baths
31,734 SqFt
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 31,734 sqft
Price per Sqft $63
Municipality Niles City
MLS Listing ID 24030772
Sold Date 05/21/25
Full Baths 7
Year Built 1962
Annual Tax Amount $38,000
Tax Year 2023
Lot Size 1.733 Acres
Acres 1.73
Lot Dimensions irregular
Property Sub-Type Retail
Property Description
Seize this investment opportunity with our prime commercial real estate offering, ideally situated in a high-demand location ensuring consistent traffic and visibility. This property is perfectly poised to deliver long-term stability and robust returns. A diverse tenant base with lease terms ranging from 2 to 7 years remaining, provides you with stability and security. Features a brand-new roof, reducing maintenance concerns, this property offers excellent cash flow, making it a valuable addition to any investment portfolio. Dollar General serves as the anchor tenant, attracting consistent foot traffic and providing a solid foundation for the property's income.
Location
State MI
County Berrien
Area Southwestern Michigan - S
Direction Main St to South on 2nd St to address.
Interior
Heating Forced Air
Cooling Central Air
Exterior
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Roof Type Rubber
Street Surface Paved
Total Parking Spaces 80
Building
Structure Type Brick
New Construction No
Schools
School District Niles
Others
Tax ID 11-72-3110-0010-00-6
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Bought with P & S File Land Company, LLC
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