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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2816 11Th St Niles, MI 49120

1,000 SF 1.94 ac lot Built 1989
Property ID
US43-3605830
Property summary
AI-generated overview

This exceptional commercial property, located at 2816 S 11th St in Niles Township, Berrien County, Michigan, presents a unique investment opportunity. The property encompasses 1.94 acres of land and features three buildings totaling 1,000 square feet. Classified as Class A, the main structure, built in 1989, was previously used for marijuana cultivation but is easily adaptable to various commercial uses. Its spacious layout offers significant potential for storage, or conversion back to its original purpose. The property's zoning allows for retail and industrial uses, providing flexibility for diverse business ventures. The single-tenant setup simplifies management, while the competitive lease rates enhance profitability. Situated in the desirable Niles Township submarket, with a 49120 zip code, this location offers convenient access to key transportation routes and local amenities. Utilities are handled on a pro-rata share basis. This versatile property is ideal for entrepreneurs seeking a flexible space with high return potential. The combination of ample land, multiple buildings, and prime location makes this an attractive investment in a thriving Michigan market. Don't miss this chance to acquire a property with significant upside.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1989
Total area 1,000 SF
Lot 1.94 ac (84,506 SF)
UPID US43-3605830
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
  • 3 Shades of Black Tattoo Studio Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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