Three-Unit Mixed-Use Property with
New
For Lease
$650,000
2639 B S 3rd Street, Niles, MI 49120
All three units are currently rented for residential use, with a drive-through area and gated parking on site.
Space SizeContact for details
Days on Market2
Property Features for 2639 B S 3rd Street
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Additional Details
Utilities to Site
Yes
Currently Operating
Yes
Amenities
lighted gated parking lot
two large garages with electric and heat
drive-thru space
Building Details
Year Built
1960
Tenancy
Multi
Listing Agency:
Lacuna Group LLC
Listed By:
Marcus Velzen · License #6501420016
(616) 855-7662
Source:
Lacunare
Added: Oct 28
Last Checked: Oct 28 at 3:58PM
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 Lacuna Group LLC
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Investment Insights
Based on property information with market context.
This three-unit mixed-use property is currently occupied by residential renters. The layout also includes a drive-through area, a lighted and gated parking lot, and two large garages with electric service and heat. All units share a commercial well. Appliances, bathrooms, flooring, HVAC, and lighting were updated within the last two years.
The property is in the Michiana area, one block from the main corridor into South Bend. Reported traffic is 5, 500 vehicles per day. Notre Dame is a 10-minute drive, and South Bend International Airport is 20 minutes away.
Office, salon, spa, art studio, and retail uses are identified as potential alternatives to the current residential rental use.
The property is in the Michiana area, one block from the main corridor into South Bend. Reported traffic is 5, 500 vehicles per day. Notre Dame is a 10-minute drive, and South Bend International Airport is 20 minutes away.
Office, salon, spa, art studio, and retail uses are identified as potential alternatives to the current residential rental use.
Key Highlights
- Three residential rental units with 100% occupancy
- Drive‑through area included
- Two large garages with electric service and heat
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - All three units are currently rented for residential use, with a drive-through area and gated parking on site.
Where is this mixed-use property located?
The property is located at 2639 B S 3rd Street Niles, MI.
What is the lease rate?
The lease rate is $650,000.
What are key features of this property?
This property features: Three residential rental units with 100% occupancy; Drive‑through area included; Two large garages with electric service and heat
