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Niles Commercial Development Opportunity
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M-51, Niles, MI 49120

9.2-acre commercial land with General Business zoning in Niles, MI.

Property SizeContact for details
Lot Size9.20 Acres
Days on Market792

Property Features for M-51

General Information

Standard status Active
Lot size 9.20 Acres
Property subtype Land
Zoning GB - General Business
Listing Agency: NAI Cressy - Mishawaka
Listed By: Jim Ringler · License #MI 6502346676
Source: Crexi
Added: Aug 6, 2024 Changed: Oct 5 Last Checked: Oct 5 at 6:08PM

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.

This commercial development opportunity is approximately 9.2 acres and is zoned GB - General Business. The site has municipal water and sewer just south of the Everwise Credit Union bank branch. It will be accessed via two curb cuts, with the second curb cut to be confirmed. The property has frontage on M-51 and can be subdivided for smaller parcel development. Located at the intersection of US 12 and M-51 (formerly South 11th) Street in Niles, Michigan, the property is situated on the west side of the road, just south of the Everwise Credit Union building. An access road off of the Everwise Credit Union property provides access. The property is surrounded by national retailers and commercial businesses, as well as new development, new retention ponds, and a new traffic light at the intersection of M-51 and US-12. There are a total of 18,627 households within a 5-mile radius and over 203,000 within a 10-mile radius of the property.

Key Highlights

  • Prime commercial development opportunity on 9.2 acres.
  • High‑traffic location at the intersection of US 12 and M‑51, surrounded by national retailers and commercial businesses.
  • General Business (GB) zoning allows for a variety of commercial uses.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 9.2-acre commercial land with General Business zoning in Niles, MI.
Where is this commercial land located?
The property is located at M-51 Niles, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime commercial development opportunity on 9.2 acres.; High‑traffic location at the intersection of US 12 and M‑51, surrounded by national retailers and commercial businesses.; General Business (GB) zoning allows for a variety of commercial uses.
(269) 699-5502 Call to check price and availability
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