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Former Bar & Grill Opportunity
For Sale
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405 & 411 N 2nd St, Niles, MI 49120

Former bar and grill in Niles' Central Business District.

Property Size6,108 SF
Price / SF$40.77
Days on Market2621

Property Features for 405 & 411 N 2nd St

General Information

Standard status Active
Size 6,108 SF
Property subtype Retail, Business for Sale
Zoning CB - Central Business

Building Details

Year Built 1940
Buildings 1
Tenancy Multi
Listing Agency: NAI Cressy - Mishawaka
Listed By: Jim Ringler · License #MI 6502346676
Source: Crexi
Added: Jun 6, 2019 Changed: Aug 8 Last Checked: Aug 8 at 11:39AM

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 - Mishawaka

Investment Insights

Based on property information with market context.

The former Cowboy Saloon, a 6,108-square-foot property, is situated next to Niles City Hall within the Central Business District of Niles, Michigan. This former bar and grill is suitable for a restaurant or catering business. The property features 157 feet of frontage on N. 2nd Street, offering an advantageous location. Included in the sale is a Class C Liquor License with Dance Permit. Located in downtown Niles, Michigan, the property is one block from Front St., the St. Joseph River, and Riverfront Park. It is 3 miles from US 12 and US 31 and 6 miles north of South Bend, IN, and the University of Notre Dame. The surrounding area of Niles features shops, restaurants, entertainment venues, and gathering places.

Key Highlights

  • Includes a Class C Liquor License with Dance Permit.
  • Prime location in the Central Business District of Niles, next to City Hall, with 157’ of frontage on N. 2nd Street.
  • Ideal for restaurant or catering business.

Property 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

Market

Vacancy Rate% for Retail in Midwest region

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

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

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former bar and grill in Niles' Central Business District.
Where is this bar & pub located?
The property is located at 405 & 411 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: Includes a Class C Liquor License with Dance Permit.; Prime location in the Central Business District of Niles, next to City Hall, with **157’ of frontage on N. 2nd Street**.; Ideal for restaurant or catering business.
(269) 699-5502 Call to check price and availability
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