3019 11th St, Niles, MI 49120-4707
This exceptional 16.9-acre parcel presents a prime development opportunity in Niles, Michigan. Situated on busy M-51 (S. 11th Street), this property boasts 554 feet of frontage on M-51 and approximately 490 feet of frontage on 13th Street. Its General Business (GB) zoning allows for a wide range of commercial uses, including hospitality, retail, grocery, restaurants, and large-format stores. The site benefits from municipal water and sewer services, ensuring seamless infrastructure integration for any development project. Located just half a mile south of major retailers like Walmart and Lowe's, this property enjoys exceptional visibility and accessibility. The average daily traffic count on M-51 is approximately 17,337 vehicles, guaranteeing high exposure for any business. Its strategic location, only six miles north of the University of Notre Dame campus and the I-80/90 Toll Road, further enhances its appeal. This is the largest available parcel on the S. 11th Street corridor, offering unparalleled potential for significant commercial development. The property's APN is 11-14-0123-0101-02-0. The asking price is $1,995,900. The property includes one building on a multi-tenant site.
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Hacker's Golf and Games Arcade & Gaming Center Family Recreation Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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