2639 3Rd St, Niles, MI 49120
This exceptional 5,781 square foot tri-plex building is situated on a 0.68-acre lot in a high-traffic area of Niles, MI, averaging 5,000-10,000 cars daily. Currently configured as owner-occupied plus two residential rentals, the property offers significant flexibility for a variety of commercial or mixed-use applications. Recent extensive renovations include three new furnaces, new A/C units, new appliances throughout, and new flooring. The building boasts a 1,500 square foot basement under Unit A, three heated garages (two 2.5-car and one single-car), all with available electric service. Additional features include a generator, arc welder, a seven-camera security system, a lighted parking lot, and a drive-thru window. Ample storage space is available throughout the property. Each unit features a private fenced backyard and is Wi-Fi ready. A new commercial-grade well was installed in 2020. Utility sinks are conveniently located in one garage, the basement, and the drive-thru area. The property is equipped with three gas meters and three electric meters. Unit C utilizes all-electric interior systems, with a gas-powered furnace for the garage and gas dryer area. A water softener is also included. This property presents a unique opportunity for investors seeking a versatile and well-maintained commercial space with strong potential for rental income or owner-occupancy.
-
DOGGIE-DRIVE-THRU..........Kitty's too! (Bike/Boat/Book/etc) Store Pet Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.