517 2Nd St Niles, MI 49120
- Commercial land
- 0.30 lot acres
Current Use by Public Records
- Commercial land
Property Details for 517 2Nd St
- Lot size
- 0.30 lot acres
- Zone code
- CB
- Property type
- Commercial land
- APN
- 72-3050-0061-00-2
- APU
- 7230500061002
Description
This exceptional 0.39-acre commercial land parcel presents a remarkable investment opportunity in the heart of Niles, Michigan's Central Business District. Located at 517 N 2nd Street, this corner lot boasts 120 feet of frontage on N. 2nd Street, offering excellent visibility and accessibility. Its prime location is adjacent to the Niles Housing Commission and near Niles City Hall, with the City of Niles owning adjoining property. The property's zoning permits development for retail or office uses, making it ideal for a variety of commercial ventures. This thriving downtown area is experiencing growth, with eclectic shops, restaurants, and entertainment venues creating a vibrant atmosphere. The property's proximity to Front Street, the St. Joseph River, and Riverfront Park adds to its appeal. Furthermore, its strategic location is just one block from Front Street, offering easy access to the riverfront and park amenities. Conveniently situated only three miles from US 12 and US 31, and six miles north of South Bend, Indiana, and the University of Notre Dame, this property benefits from excellent regional connectivity. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly developing downtown area. The asking price is $39,900. The property is zoned for Central Business District use within Berrien County, Michigan, zip code 49120.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Niles
- County
- Berrien
- State
- Michigan
- Longitude
- -86.2571
- Latitude
- 41.8334
- CBSA code
- 35660
- CBSA name
- NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
