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Bar & Pub Property
New
For Sale
$249,000

405 N 2nd St, Niles, MI 49120

Its walk score is 82, with a bike score of 80.

Property SizeContact for details
Days on Market2

Property Features for 405 N 2nd St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,795

Building Details

Year Built 1924
Units 1
Listing Agency: NAI Cressy Commercial Real Estate - Corporate
Listed By: James H Ringler · License #6506039076
Source: Elliman
Added: Sep 26 Changed: Sep 27 Last Checked: Sep 27 at 2:00AM

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 NAI Cressy Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

Classified as a bar and pub property, this asset was built in 1924. It is located at 405 N 2nd St in Niles, Michigan.

The property has a walk score of 82 and a bike score of 80.

Key Highlights

  • Built in 1924
  • Walk score of 82 and bike score of 80
  • Located at 405 N 2nd St, Niles, MI 49120

Property Analytics

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Open Analytics

Current Use

Cowboy Saloon Nightclub

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Hair Salon Nail Salon Grocery & Convenience 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

816
Businesses Nearby
27k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,710 visits/mo 0.1 miles
United Federal Credit Union Shops & Services
5,550 visits/mo 0.1 miles
Fifth Third Bank & ATM Shops & Services
4,777 visits/mo 0.4 miles
Huntington Bank Shops & Services
4,543 visits/mo 0.3 miles
Family Dollar Shops & Services
3,678 visits/mo 0.2 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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Tavern Inc — 417 Brookfield St, Niles, MI 49120
  • 2nd & Main Coffeehouse — 127 E Main St, Niles, MI 49120
  • Niles Brewing Company — 206 E Main St, Niles, MI 49120
  • The Study — 204 N 4th St, Niles, MI 49120
  • 7 Days Party Place — 303 N 5th St, Niles, MI 49120

Frequently Asked Questions

What type of property is this?
Bar & Pub - Its walk score is 82, with a bike score of 80.
Where is this bar & pub located?
The property is located at 405 N 2nd St Niles, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Built in 1924; Walk score of 82 and bike score of 80; Located at 405 N 2nd St, Niles, MI 49120
More about this property
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