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Mixed-Use Building with Office and Restaurant Areas
For Sale
$599,000

2931-2945 Niles Avenue, St Joseph, MI 49085

The property combines an office section with a former restaurant section and shared parking.

Property Size7,271 SF
Price / SF$82.38
Days on Market34

Property Features for 2931-2945 Niles Avenue

General Information

Standard status Active
Size 7,271 SF
Property subtype Business Opportunity
Lease Term Cash, Conventional

Taxes and HOA fees

Annual Taxes $20,165

Building Details

Building Size 7,271 SF
Year Built 1960
Buildings 2
Units 2
Listing Agency: The Shore Real Estate Group
Listed By: Joy Schwarting · License #6501353727
Source: Sabudarealty
Added: Jul 6 Changed: Aug 7 Last Checked: Aug 7 at 3:29AM

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 The Shore Real Estate Group

Investment Insights

Based on property information with market context.

This mixed-use property comprises two buildings totaling 7,271 square feet. The office component at 2931 Niles Ave includes exam rooms, a large meeting area, and one restroom. The adjoining 2945 Niles Ave section was previously operated as a restaurant and contains a spacious dining area, tables and chairs, kitchen space, three restrooms, a utility room, and storage. A substantial attached garage is accessed through an overhead door from the alley.

Shared parking is positioned west of the building, while an alley on the east provides access to the rear. The seller also holds 29.5% ownership of the parking lot and alley. The restaurant section contains 4,000 square feet, and the office section contains 3,271 square feet. Constructed in 1960, the property offers distinct office and restaurant-oriented areas within one commercial holding.

Key Highlights

  • 7,271‑square‑foot property comprising two buildings
  • Office section at 2931 Niles Ave includes exam rooms and large meeting areas
  • Former restaurant section at 2945 Niles Ave measures 4,000 square feet

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

800
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines an office section with a former restaurant section and shared parking.
Where is this mixed-use property located?
The property is located at 2931-2945 Niles Avenue St Joseph, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 7,271‑square‑foot property comprising two buildings; Office section at 2931 Niles Ave includes exam rooms and large meeting areas; Former restaurant section at 2945 Niles Ave measures 4,000 square feet
More about this property
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