Versatile Commercial Property on High-Traffic
2604 S 11th Street Niles, MI 49120
2604 S 11th Street, Niles, MI, 49120
$510,000
For Sale
$510,000
COMMERCIAL - Niles, MI
Property Size3,200 SF
Lot Size0.96 Acres
Price / SF$159.38
Days on Market278
Property Features for 2604 S 11th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 10
- Interior features
- Broadband
- Standard status
- Active
- APN
- 11-14-0860-0027-01-6
- Size
- 3,200 SF
- Lot size
- 0.96 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- per title commitment
- Tax Annual Amount
- 1241
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air, Baseboard
- Water source
- Well
Building Details
- Year built
- 1993
- Number of units
- 1
- Building materials
- Metal Siding
- Roof type
- Composition
Listing agency
D Mottl Realty Group LLC
(269) 591-0035
Listed by
Matthew Money
(574) 261-1226
Added: Oct 17, 2025 Updated: May 13 at 11:35PM Checked: Jul 21 at 12:06PM
MLS# 25053620
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 3,200 square foot commercial property is located on a high-traffic street in Niles, Michigan. The property, situated on a 0.96-acre lot, was previously a machine shop and has been cleaned and prepped for its next venture. It features a 12x12 overhead door, three-phase electric, and compressed air lines throughout, powered by a compressor housed in the rear shed. The interior includes two offices, a full bath, and a loft for storage. A separate living quarters with a bedroom, kitchen, full bath, and private entrance is ideal for live/work use or on-site management. The deep lot provides ample parking and potential for an additional structure, making it suitable for a public-facing retail space. Potential business uses include a machine shop, repair or fabrication facility, vehicle customization shop, storage operation, catering kitchen, or fulfillment center. The property is located on the Indiana-Michigan River Valley Paved Trail.
Key Highlights
- Prime location on high‑traffic 11th Street in Niles.
- Separate living quarters with private entrance ideal for live/work use or on‑site management.
- Three‑phase electric and compressed air lines throughout the building.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.5k | $17.04 |
| − Vacancy | −$7.5k | −$2.35 |
| EGI | $47.0k | $14.69 |
| − OpEx | −$11.8k | −$3.67 |
| NOI | $35.3k | $11.02 |
3,200 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$503.6K
$440.7K – $587.5K
NOI $35,252 @ 7.0% cap · market cap 6.91%
Second Best
Retail
$474.6K
$415.2K – $553.7K
NOI $33,219 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$673.4K
$589.2K – $785.6K
NOI $47,136 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
West River Machine
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 40x80 commercial property with live/work space and ample parking.
Where is this flex space located?
The property is located at 2604 S 11th Street Niles, MI.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Prime location on high‑traffic 11th Street in Niles.; Separate living quarters with private entrance ideal for live/work use or on‑site management.; Three‑phase electric and compressed air lines throughout the building.
