410 N 2nd Street $2,250,000

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    410 N 2nd Street Niles, MI 49120

    • 31,734 sq. ft.
    • 1.73 Acres
    • Commercial
    • MLS# 70413226
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    Views: 25 Days On Site: 157

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    Property Details

    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.

    • General Features
      • Acreage 1.73
      • Area Municipality Niles (11039)
      • County Berrien
      • Originating MLS Southwestern Michigan Association of REALTORS
      • Ownership LLC
      • Total SqFt Finished 31734
      • Waterfront Y/N No
      • Year Built 1962
    • Building Features
      • Exterior Construction Brick, Steel
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Rubber
    • Property Features
      • Water Public Water, Public Water at Street
      • PARKING 21+ Spaces
      • Lot Size irregular
      • Roads City/County, Paved Street
      • Sewer Septic Public Sanitary, Public At Street

    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: $2,250,000
        6/17/2024 3:55:00 PM New in Database Source: Multiple Listing Service New Value: $2,250,000

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        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.