2816 11Th StNiles, MI 49120

For Sale
$890,000

High-Income Potential, Multi-Tenant Storefront

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 4,979 square foot multi-tenant storefront complex situated on a generous 1.94-acre lot in Niles, Michigan. The property, located at 2816 S 11th St (M51), boasts 115 feet of prime road frontage, maximizing visibility and accessibility. Built in 1989, the complex comprises three buildings offering diverse spaces. These include a retail storefront currently generating income from an existing tenant, ample showroom space, and convenient storage facilities. Adding to its versatility, the property also includes a residential component: a two-bedroom, one-bathroom home. This unique combination of commercial and residential space provides significant flexibility for owner-users or investors seeking a blend of income generation and potential expansion. The asking price is $890,000, translating to $178.75 per square foot. Zoned for retail and commercial use, this property is ideally positioned for a variety of business ventures. The property's location in Berrien County, Michigan, zip code 49120, offers excellent access to local amenities and transportation routes. This is a rare chance to acquire a well-established, income-producing property with substantial growth potential.

Highlights

  • 4,979 SF multi-tenant retail complex on a 1.94-acre lot in Niles, MI.
  • 115' of road frontage on S 11th St (M51) for high visibility.
  • Three-building complex with retail storefront, showroom, storage, and a 2-bed/1-bath residence.
  • $890,000 asking price ($178.75/SF).
  • Retail/commercial zoning in Berrien County, MI (49120).

Property Details for 2816 11Th St

Property type
Other retail properties, Individual retail properties
Square Feet
4,979 SF
Year Built
1989
Buildings
3
Lot Size (sq. ft)
84,506 SF

Location Insight

City
Niles
County
Berrien
State
Michigan
Latitude
41.7707813
Longitude
-86.2512268
2816 11Th St, Niles, Michigan

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2816 11Th St
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