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Downtown Mixed-Use Retail Building
For Sale
$695,000

105 E Main Street, Niles, MI 49120

COMMERCIAL - Niles, MI

Property Size7,920 SF
Lot Size0.05 Acres
Price / SF$87.75
Days on Market81

Property Features for 105 E Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Bathrooms 6
Full bathrooms 6
Rooms Basement, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 6
Interior features Broadband
Elementary school district Niles
Middle school district Niles
High school district Niles
Standard status Active
APN 11-72-3920-0001-03-0
Size 7,920 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PART OF LOT 1 WILLIAM JUSTICE PLAT CITY OF NILES COM 46'E OF SW COR OF SAID LOT 1 TH E 20' N 98' W 20' S 98'TO BEG
Tax Annual Amount 9160
Legal Description PART OF LOT 1 WILLIAM JUSTICE PLAT CITY OF NILES COM 46'E OF SW COR OF SAID LOT 1 TH E 20' N 98' W 20' S 98'TO BEG

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

large display windows
basement storage

Building Details

Year built 1840
Floors in Building 4
Number of units 4
Building materials Brick
Listing Agency: The Home Source Group
Listed By: Joseph F Williams · License #276828
Added: May 21 Changed: Aug 4 Last Checked: Aug 9 at 9:06PM
MLS# 26023986

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This downtown mixed-use property offers approximately 7,920 square feet of versatile space across multiple levels. The main floor is arranged for retail use with an open layout, large display windows, and storefront exposure. A basement level provides additional space that can support storage, workspace, inventory, or future expansion. The second floor includes two studio short-term rental units with common area laundry. The top floor features a 3-bedroom, 2-bath loft with a distinct, loft-style configuration.

The building is located on E Main Street in Niles, MI, in an area with ongoing redevelopment and strong foot traffic. It is also described as being just blocks from the St. Joseph River and Riverfront Park, with nearby dining and shopping within downtown.

Overall, the property’s configuration supports a range of concepts, including retail, office, showroom, service, studio use, or mixed use arrangements, depending on how an operator intends to utilize each level.

Key Highlights

  • Approx. 7,920 sq. ft. downtown Niles commercial building with main floor retail, basement, two studio short‑term rental units, and a 1,980 sq. ft. top‑floor loft
  • Top floor loft: approx. 1,980 sq. ft. with 3 bedrooms and 2 bathrooms
  • Second floor includes two studio rental units plus common area laundry

Property Analytics

Current Use

Urban Suites at Gather Hotel & Motel Luvability Ministries Charitable Organization St. Boniface Lutheran ... Church RadioShack / ReddHill Electronics & Wireless Store

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Parking Lot & Garage Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49120, MI

37,076
Population
15,581
Households
2.4
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
116.5 sq mi
ZIP Area
318
Density / Sq Mi
$61,940
Median Household Income
$38,779
Median Earnings
$911
Median Rent
$166,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Multi-level building on E Main Street with main-floor retail, basement space, studio rentals, and a top-floor loft.
Where is this storefront property located?
The property is located at 105 E Main Street Niles, MI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Approx. 7,920 sq. ft. downtown Niles commercial building with main floor retail, basement, two studio short‑term rental units, and a 1,980 sq. ft. top‑floor loft; Top floor loft: approx. 1,980 sq. ft. with 3 bedrooms and 2 bathrooms; Second floor includes two studio rental units plus common area laundry
More about this property
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