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    1217 Stateline Rd Niles, MI 49120

    Sponsored
    For Sale
    $389,000

    2-Acre Lot, 4800 sq ft, 12 Bedrooms

    Property size:
    4,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This expansive Niles, MI commercial property offers 4,800 square feet of versatile space, ideally suited for a variety of uses. Situated on a generous 2.01-acre double lot, the building boasts 12 bedrooms, three full bathrooms, and three half bathrooms. A full kitchen, multiple sitting areas, a storage shed, and a garage are included. Previously utilized as an elderly care facility, the property's layout is well-suited for similar uses, such as assisted living or daycare. The existing furnishings are included in the sale price of $389,000. Upstairs, there are staff living quarters, providing additional convenience and flexibility. The ample space and versatile design offer significant potential for entrepreneurs and investors seeking a substantial commercial property in a prime location. The property's size and features present numerous possibilities for adaptation and redevelopment, making it an attractive investment opportunity. With its extensive square footage and expansive lot, this property is ready for its next chapter. The building's history as an elderly care facility provides a solid foundation for similar ventures, but its adaptability allows for a wide range of commercial uses. The inclusion of all furnishings simplifies the transition for the new owner.

    Property Features for 1217 Stateline Rd

    General Information

    Property type
    Investment properties
    Square Feet
    4,800 SF
    Lot Size
    87,556 SF

    Building Details

    Year Built
    1938
    Property Profile Location Intelligence

    Current Use by Public Records

    Blessed Home Adult ... Assisted Living Facility Grace Braiding Salon ... Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Berrien
    State
    Michigan
    Longitude
    -86.24628
    Latitude
    41.76098

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    FAQs

    What type of property is this?
    Investment property - 2-Acre Lot, 4800 sq ft, 12 Bedrooms
    Where is this investment property located?
    The property is located at 1217 Stateline Rd Niles, MI.
    What is the asking price?
    The asking price for this property is $389,000.
    (269) 982-7653
    Request Owner's contact information
    1217 Stateline Rd Niles, MI 49120
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    Niles, MI 49120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1217 Stateline Rd Niles, MI 49120
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