Property profile

1724 E Bertrand Rd Niles, MI 49120

FOR SALE
Day Care, Pre-School (Commercial)
Property ID
US43-3727382
6,716 SF 2.25 ac lot Built 1980
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Property summary

AI-generated overview

The property is a commercial building located in Niles, Michigan, containing over 6,000 square feet of interior space on a 2.25-acre lot. It is fully handicapped accessible and includes an open floor plan previously used as a daycare, with modernized restrooms featuring tile finishes and updated fixtures. The building is served by three high-efficiency gas furnaces with central air and has an updated electrical service with a 200-amp system, along with wiring for a fire alarm system. Interior surfaces include a mix of tile and carpet flooring. A commercial-grade kitchen is present with stainless steel sinks and counters, and the space is equipped to support flexible uses such as event space, office suites, medical or wellness facilities, or a church. Site improvements include a fully paved parking lot, and the building has two water heaters.

Property profile

Verified
Property type Day Care, Pre-School (Commercial)
Year built 1980
Total area 6,716 SF
Lot 2.25 ac (98,010 SF)
APN 14-0113-0005-05-9
UPID US43-3727382

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1724 E Bertrand Rd Niles, MI 49120
Niles metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$140,000
2 recorded transactions
2022
$140,000
2022
$105,000
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