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Brick Retail Space with Basement
For Lease
$8 SF/Yr

105 E Main Street, Niles, MI 49120

COMMERCIAL - Niles, MI

Space Size3,960 SF
Lot Size0.05 Acres
Days on Market95

Property Features for 105 E Main Street

General Information

Property type Commercial Lease
Property subtype Retail
Fireplace 1
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
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

Building Details

Year built 1840
Building materials Brick
Listing Agency: The Home Source Group
Listed By: Joseph F Williams · License #276828
Added: May 18 Changed: Aug 4 Last Checked: Aug 20 at 10:06PM
MLS# 26023128

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 brick retail property at 105 E Main Street includes an open main level, prominent storefront exposure, large display windows, and a full basement. The lower level adds space for storage, workspace, inventory, or additional operational needs. Forced-air heating and central air conditioning serve the building, which dates to 1840 and includes a fireplace.

The property is situated on Main Street in downtown Niles, within blocks of the St. Joseph River and Riverfront Park. Restaurants, shopping, and other downtown businesses are nearby. The space is suited to retail, office, showroom, service, studio, or mixed-use concepts, subject to applicable approvals.

Key Highlights

  • Open main‑level layout with large display windows
  • Full basement for storage, workspace, inventory, or expansion
  • Brick construction with 1840 year built

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.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,710 visits/mo 0.1 miles
United Federal Credit Union Shops & Services
5,550 visits/mo 0.1 miles
Fifth Third Bank & ATM Shops & Services
4,777 visits/mo 0.3 miles
Huntington Bank Shops & Services
4,543 visits/mo 0.2 miles
Family Dollar Shops & Services
3,678 visits/mo 0.1 miles

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

Lease Benchmarks for Niles, MI

$12.5 /SF/Yr
Avg Asking Price
$8–$19 /SF/Yr
Price Range
4,866 SF
Avg Space Size

This space is priced 36% below the average of $12.5 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Main-level storefront exposure is paired with large display windows and flexible interior space.
Where is this retail space located?
The property is located at 105 E Main Street Niles, MI.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Open main‑level layout with large display windows; Full basement for storage, workspace, inventory, or expansion; Brick construction with 1840 year built
More about this property
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