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Downtown Riverfront Shopping Center
For Lease
$12 SF/Yr

16-110 E Main Street, Niles, MI 49120

Commercial Lease, Niles, MI

Space Size1,100 SF - 6,000 SF
Lot Size2.48 Acres
Days on Market98

Property Features for 16-110 E Main Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description CB
Fireplace 1
Elementary school district Niles
Middle school district Niles
High school district Niles
Standard status Active
APN 117285500002021
Size 2,500 SF
Lot size 2.48 Acres

Taxes and HOA fees

Tax Description On file.
Legal Description On file.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

visibility (street and pedestrian)
ample on-site parking
easy ingress/egress

Building Details

Year built 1985
Listing Agency: NAI Wisinski of West Michigan
Listed By: Josh Jacobs
Added: Jun 19 Changed: Sep 7 Last Checked: Sep 24 at 8:06AM
MLS# 26030626

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 riverfront shopping center provides retail leasing opportunities in downtown Niles, with suites available for occupancy. The 1985-built property includes central air conditioning, forced-air heating, a fireplace, and cable availability. On-site parking supports visitors, while access is provided through convenient ingress and egress. Both street-facing and pedestrian exposure are available within the center.

Current occupants include the Secretary of State, Congressman Wahlberg’s District office, Family Dollar, H&R Block, Bell’s Bargains, and Rent-A-Center. The established commercial setting brings multiple service, retail, and office users together in one shopping center.

Key Highlights

  • Riverfront shopping center in downtown Niles
  • Suites available for lease
  • Street‑facing and pedestrian exposure

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Skin Care Clinic Spa & Massage Center

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 78% Dining 22%
Dollar General Shops & Services
4,225 visits/mo 0.3 miles
Dairy Queen Dining
1,196 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Niles, MI

$12 /SF/Yr
Avg Asking Price
$12–$12 /SF/Yr
Price Range
8,744 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping center - Downtown retail space offers street and pedestrian exposure, on-site parking, and convenient ingress and egress.
Where is this shopping center located?
The property is located at 16-110 E Main Street Niles, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Riverfront shopping center in downtown Niles; Suites available for lease; Street‑facing and pedestrian exposure
More about this property
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