2439 S 11th Street Niles, MI 49120

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$5,200,000

Market Estimate

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33,972 sq. ft.
1.15 Acres
Commercial
MLS# 70440867

Listing provided courtesy of: Horizon Realty Group - (269) 357-7970

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Property Details

Description

Discover an exceptional commercial property at 2439 S 11th St, Niles, MI 49120, offering over 33,000 sq ft of versatile space designed to meet diverse business needs. Zoned for general commercial use, this property benefits from Niles Township's newly passed marijuana ordinance, opening up new business opportunities. Positioned less than 2 miles from the Indiana state line and capturing over 17,000 daily passersby, the location provides prime visibility for any business venture. The front section is configured for retail and office use, ensuring a professional, customer-ready environment, while the back area is set up for industrial purposes, perfect for manufacturing or large-scale operations.

General Features
- Acreage 1.15
- Area Municipality Niles Twp (11014)
- County Berrien
- Originating MLS Southwestern Michigan Association of REALTORS
- Ownership LLC
- Total SqFt Finished 33972
- Waterfront Y/N No
- Year Built 1970
Building Features
- Exterior Construction Aluminum, Block, Concrete, Pole, Steel, Stone, Wood
- Heating System Forced Air
- FUEL TYPE Natural Gas
- Roofing Rubber
Property Features
- PARKING 21+ Spaces
- Lot Size 204x250
- Roads City/County, Paved Street
- Sewer Septic Public At Street, Public Sanitary, Storm

Neighborhood

49120 (Niles) Demographics

42 Median Age

298 Population Density (per sq. mile)

30% College Educated

$52,998 Estimated Median Income

10,904 Estimated Total Home Owners

3,707 Estimated Total Renters

75% / 25% Estimated Owner / Renter Divide

2 Estimated Average Household Size

35,679 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$184,950 Median Sales Price

82 Homes Sold

93 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $5,200,000
11/7/2024 6:38:00 PM	New in Database Source: Multiple Listing Service	New Value: $5,200,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.