Multi-Tenant Medical Office
For Sale
Contact for pricing
2500 Niles Rd, Saint Joseph, MI 49085
Well-maintained medical office building with covered patient drop-off and ample on-site parking.
Property SizeContact for details
Days on Market134
Property Features for 2500 Niles Rd
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
NAI Cressy - Mishawaka
(574) 485-1515
Listed By:
Noah Davey, CCIM · License #IN RB14051375
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 1:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Cressy - Mishawaka
Investment Insights
Based on property information with market context.
Well-maintained and managed multi-tenant medical office building offering ample on-site parking for patients and staff. The property includes a covered patient drive-up area for drop-off and pick-up, and it features suite and directory signage. Tenants pay CAM fees in addition to base rent, and the building is served by municipal utilities. The asset is described as being easily retrofitted for professional office use and may also serve as a headquarters or call center location.
The building is located on heavily traveled Niles Road (M-63) near Lake Michigan, minutes north of I-94 and south of Napier Avenue, supporting quick access for north/south and east/west traffic.
Per the seller’s remarks, the property is currently 71.2% occupied, and a 13.2% cap rate on pro forma income is cited in the pro forma used for the current offering.
The building is located on heavily traveled Niles Road (M-63) near Lake Michigan, minutes north of I-94 and south of Napier Avenue, supporting quick access for north/south and east/west traffic.
Per the seller’s remarks, the property is currently 71.2% occupied, and a 13.2% cap rate on pro forma income is cited in the pro forma used for the current offering.
Key Highlights
- Well‑maintained, managed multi‑tenant medical office building with ample on‑site parking
- Covered patient drop‑off and pick‑up area
- Current occupancy reported at 71.2%; proforma pricing references a 13.2% cap rate on proforma income
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 49085, MI
24,047
Population
11,468
Households
2.1
Avg Household Size
44
Median Age
49%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
998
Density / Sq Mi
$101,763
Median Household Income
$58,316
Median Earnings
$1,099
Median Rent
$287,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical office building with covered patient drop-off and ample on-site parking.
Where is this medical office space located?
The property is located at 2500 Niles Rd Saint Joseph, MI.
What are key features of this property?
This property features: Well‑maintained, managed multi‑tenant medical office building with ample on‑site parking; Covered patient drop‑off and pick‑up area; Current occupancy reported at 71.2%; proforma pricing references a 13.2% cap rate on proforma income
