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    OFF-MARKET
    Strip malls

    2010 11th St, Niles, MI 49120-4000

    14,703 SF 1.89 ac lot Built 1991
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US43-3347423
    Property summary
    AI-generated overview

    This exceptional retail opportunity encompasses 4,200 square feet of vacant space within a larger 14,703-square-foot multi-tenant building located at 2010 S 11th Street, Suite 6, Niles, MI 49120. The property sits on a 1.89-acre lot and boasts a prime location on busy 11th Street, near major retailers such as Lowe's, Verizon, Wings Etc., and Walmart, ensuring high visibility and foot traffic. The building, constructed in 1991, features two single-story structures with a total of seven suites. This particular suite offers a spacious layout, including a front office and waiting area, several private rooms, and two restrooms. Its previous use as an Anytime Fitness center suggests suitability for a health and fitness business, though it is adaptable to a variety of retail uses. Ample parking is available, providing convenient access for customers and employees. The property is zoned GB - General Business (Berrien County APN: 1409300012064) and offers excellent potential for a thriving retail operation. The cross street is Bell Road.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1991
    Total area 14,703 SF
    Lot 1.89 ac (82,328 SF)
    APN 14-0930-0012-06-4
    UPID US43-3347423
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Niles Plaza Shopping Center & Mall
    • Verizon Telecommunications Service Data Center
    • The Bump Ultrasound Studio Elective 3D/4D Imaging Medical Clinic
    • Joes Barber & Style Shoppe Barber Shop
    • Edward Jones - Financial Advisor: Gregory A Surber, AAMS™ Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Gbp Nile Plaza LLC · 6 yrs held
    Gbp Nile Plaza LLC
    since 2019
    1 recorded transaction
    2019
    $2.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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