115 Main StNiles, MI 49120

This exceptional mixed-use property, located at 115 E Main St in Niles, Michigan, presents a compelling investment opportunity. The 11,696 square foot building boasts a 100% occupancy rate, generating consistent income streams. The main floor is currently leased to a thriving fitness center, ensuring high foot traffic and reliable rental income. Adding to the property's financial strength, two upper-level units are occupied by long-term residential tenants. The building underwent a complete renovation in 2022, ensuring modern amenities and updated systems. Beyond the finished space, the property includes nearly 9,000 square feet of clean, usable basement space, offering significant potential for future expansion or additional income generation. Situated in the heart of historic downtown Niles, this property benefits from high visibility and convenient access to local amenities. The combination of strong rental income, recent renovations, and prime location makes this a truly exceptional investment opportunity in a vibrant Michigan community. The property is classified as both an apartment building and storefront, offering a diverse income portfolio. The asking price is $1,200,000. This is a turnkey operation with immediate cash flow. The zip code is 49120.