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    Property profile & analytics

    226 Main St Niles, MI 49120-2304

    • Retail space
    • 3,360 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 25, 2021
    Location Intelligence
    Property ID
    US43-3973200
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wrapped In Light, llc / Yoga Studio / Hip Hop Dance Class
    • Downtown Niles Cafe / Sandwich Shop / Restaurant

    Property Details for 226 Main St

    Year built
    1865
    Lot size
    0.05 lot acres
    Property size
    3,360 SF
    Zone code
    CB
    Property type
    Retail space
    APN
    72-8550-0008-01-1
    APU
    7285500008011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Niles
    County
    Berrien
    State
    Michigan
    Longitude
    -86.2564
    Latitude
    41.8297
    CBSA code
    35660
    CBSA name
    NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,687
    $0.00
    $0.00
    $86,500
    -
    $0.00
    $0.00
    $173,000

    Comparable in this City

    • Value Estimation by Request
      4,026 SF

      205 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,026 SF
      205 Main St, Niles, MI 49120-2303
      View Details
    • Value Estimation by Request
      698 SF

      1711 Oak St

      RETAIL STORES (PERSONAL SERVICES) • 698 SF
      1711 Oak St, Niles, MI 49120-3737
      View Details
    • Value Estimation by Request
      1,452 SF

      111 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,452 SF
      111 2nd St, Niles, MI 49120-2219
      View Details
    • Value Estimation by Request
      5,616 SF

      2310 5th St

      RETAIL STORES (PERSONAL SERVICES) • 5,616 SF
      2310 5th St, Niles, MI 49120-1105
      View Details
    • Value Estimation by Request
      4,979 SF

      2816 11Th St

      Individual retail properties • 4,979 SF
      2816 11Th St, Niles, MI 49120
      View Details
    • Value Estimation by Request
      1,603 SF

      110 11th St

      RETAIL STORES (PERSONAL SERVICES) • 1,603 SF
      110 11th St, Niles, MI 49120-3212
      View Details

    Similar Nearby for Sale

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      High-Traffic Retail Opportunity For Sale

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    Similar Nearby for Lease

    • $25 SF/Yr
      3,140 SF

      Former Restaurant with Extra Parking

      Restaurant space with additional lot available for sublease.
      1295 S 11Th St, Niles, MI 49120
      View Details
    • $19 SF/Yr
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      Retail Space with Drive-Thru Potential

      Retail space with high traffic and national co-tenants.
      2714 S 11Th St, Niles, MI 49120
      View Details
    • $19 SF/Yr
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      Retail Space with Drive-Thru Potential

      Retail space with high traffic and drive-thru potential.
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      View Details
    • $35 SF/Yr
      200 SF

      Downtown Niles Private Office Suite

      Private office suite available in downtown Niles, all utilities included.
      306 E Main St, Niles, MI 49120
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    • $3 SF/Yr
      70,946 SF

      Niles Industrial Plant - 70,946 SF

      Large Manufacturing Space Available
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    • $12 SF/Yr
      1,041 SF

      Downtown Niles Flex Office Space

      Flex office or studio space available in downtown Niles.
      302 E Main St, Niles, MI 49120
      View Details
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    226 Main St
    Niles, MI 49120-2304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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