Storefront Property with Road
2229 S 11th Street, Niles, MI 49120
For Sale
$399,000
Commercial Sale, Niles, MI
Property Size2,700 SF
Lot Size0.58 Acres
Price / SF$147.78
Days on Market95
Property Features for 2229 S 11th Street
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Interior features
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Water source
Amenities
bathrooms
Building Details
Year built
Number of units
Buildings
Listing Agency:
Front Door Real Estate Team
(574) 329-2059
Listed By:
Heather Flannery
(269) 240-5929
Added: Aug 5
Changed: Oct 30
Last Checked: Nov 7 at 12:06PM
MLS# 26040779
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.
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Investment Insights
Based on property information with market context.
This storefront property provides 2,700 square feet of commercial space on a 0.58-acre parcel. Built in 1988, the building includes three bathrooms, forced-air heating, broadband connectivity, and cable availability. A newer roof installed in 2021 adds a recent capital improvement to the property.
The site offers 186 feet of road frontage along S 11th Street in Niles, Michigan. Water service is provided by a well, and the substantial parcel provides outdoor area associated with the commercial building. The property is located in Berrien County and carries a 49120 postal code.
The site offers 186 feet of road frontage along S 11th Street in Niles, Michigan. Water service is provided by a well, and the substantial parcel provides outdoor area associated with the commercial building. The property is located in Berrien County and carries a 49120 postal code.
Key Highlights
- 2,700 square feet of commercial space
- 0.58‑acre parcel with 186 feet of road frontage
- Three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,028
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,560
$560.6K
Cap Rate 7%
$400,400
$400.4K
Cap Rate 9%
$311,422
$311.4K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$41.8K $15.48/SF
− Vacancy
−$1.8K −$0.65/SF
EGI
$40.0K $14.83/SF
− OpEx
−$12.0K −$4.45/SF
NOI
$28.0K $10.38/SF
Area
Berrien County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,560
Cap Rate 7%
$400,400
Cap Rate 9%
$311,422
Alternative Uses
Best Use
Retail
$400.4K
$350.4K – $467.1K
NOI $28,028 @ 7.0% cap · market cap 7.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$568.2K
$497.1K – $662.9K
NOI $39,771 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
150k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 57%
Shops & Services 19%
Home Improvements & Furnishings 19%
Dining 4%
Walmart
Superstores
86,498 visits/mo
0.4 miles
Tractor Supply Co.
Home Improvements & Furnishings
28,334 visits/mo
0.3 miles
Murphy USA
Shops & Services
14,575 visits/mo
0.4 miles
Phillips 66
Shops & Services
7,829 visits/mo
0.1 miles
BIGGBY COFFEE
Dining
6,622 visits/mo
0.3 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
$166,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Berrien County, MI
Properties on Market for Storefront properties in Berrien County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Versatile commercial space with three bathrooms, forced-air heating, and cable availability.
Where is this storefront property located?
The property is located at 2229 S 11th Street Niles, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,700 square feet of commercial space; 0.58‑acre parcel with 186 feet of road frontage; Three bathrooms
