Storefront Property with Road
New
For Sale
$399,000
2229 S 11th Street, Niles, MI 49120
COMMERCIAL - Niles, MI
Property Size2,700 SF
Lot Size0.58 Acres
Price / SF$147.78
Days on Market2
Property Features for 2229 S 11th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Interior features
Broadband
Elementary school district
Brandywine
Middle school district
Brandywine
High school district
Brandywine
Standard status
Active
APN
11-14-2360-0013-00-6
Size
2,700 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 13 14 15 & S 30' OF LOT 16 SUPERVISOR'S REPLAT OF FRIDAY BROTHERS SUBDIVISION
Tax Annual Amount
3346
Legal Description
LOTS 13 14 15 & S 30' OF LOT 16 SUPERVISOR'S REPLAT OF FRIDAY BROTHERS SUBDIVISION
Utilities
Utilities
Cable Available
Heating system
Forced Air
Water source
Well
Amenities
three well-appointed bathrooms
Building Details
Year built
1988
Number of units
1
Listing Agency:
Front Door Real Estate Team
(574) 329-2059
Listed By:
Heather Flannery
(269) 240-5929
Added: Aug 5
Last Checked: Aug 6 at 12:06AM
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.
Investment Insights
Based on property information with market context.
This 2,700-square-foot storefront property occupies a 0.58-acre parcel and provides a practical commercial footprint for a range of business uses. The building contains three bathrooms, forced-air heating, broadband access, and cable availability. A roof installed in 2021 is among the property’s recent improvements, while the structure dates to 1988.
The site offers 186 feet of road frontage along S 11th Street in Niles, Michigan. The substantial parcel provides room for on-site parking, outdoor displays, or other site uses, subject to applicable requirements. Water is supplied by a well.
The site offers 186 feet of road frontage along S 11th Street in Niles, Michigan. The substantial parcel provides room for on-site parking, outdoor displays, or other site uses, subject to applicable requirements. Water is supplied by a well.
Key Highlights
- 2,700 square feet of commercial storefront space
- 0.58‑acre parcel with 186 feet of road frontage
- Roof installed in 2021
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.8k | $15.48 |
| − Vacancy | −$1.8k | −$0.65 |
| EGI | $40.0k | $14.83 |
| − OpEx | −$12.0k | −$4.45 |
| NOI | $28.0k | $10.38 |
2,700 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
174k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 24%
Hotels & Casinos 2%
Electronics 1%
McDonald's
Dining
24,636 visits/mo
0.3 miles
Culver's
Dining
22,066 visits/mo
0.0 miles
Wendy's
Dining
18,019 visits/mo
0.1 miles
Dollar Tree
Shops & Services
16,981 visits/mo
0.3 miles
Speedway
Shops & Services
15,907 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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Adaptable commercial space includes three bathrooms, forced-air heating, and broadband access.
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 storefront space; 0.58‑acre parcel with 186 feet of road frontage; Roof installed in 2021
