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Property profile & analytics
OFF-MARKET
Office buildings

306 Main St 9 Niles, MI 49120-2368

5,822 SF 0.08 ac lot Built 1952
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US43-3880295
Property summary
AI-generated overview

This exceptional commercial property located at 306 E Main St, Niles, MI 49120, offers a variety of office spaces perfect for businesses of all sizes. The building, classified as Class B, boasts a total of 15,800 square feet and is currently configured for multiple tenancies. Currently, there are 1,200 square feet of vacant space available, divisible into units as small as 200 square feet, with larger suites up to 700 square feet also available. The property is ideally suited for businesses seeking traditional office space, executive suites, or co-working arrangements. The building's location in downtown Niles provides excellent visibility and accessibility. The monthly rent for individual suites ranges from $400 to $500, inclusive of most utilities (internet excluded). Multiple office rates are also available, making this a highly adaptable and cost-effective solution for businesses seeking a professional and productive work environment. This is an excellent opportunity to secure prime office space in a thriving downtown location. Don't miss out on this chance to establish your business in a convenient and well-appointed setting. Contact us today to schedule a viewing and discuss your specific needs.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1952
Total area 5,822 SF
Lot 0.08 ac (3,572 SF)
Zoning code CB
APN 72-8550-0009-01-8
UPID US43-3880295
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
  • Shayla Shembarger, 1st Source Mortgage Loan Service Bank
  • Amy Oak, 1st Source Mortgage, NMLSR# 1178921 Loan Service Bank
  • Goosehead Insurance - Chris Hammermeister Insurance Agency
  • Next Gen Graphics Printing Service (Bike/Boat/Book/etc) Store
  • Shaner Accounting Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vision Real Estate Holdings LLC · 5 yrs held
Vision Real Estate Holdings LLC
since 2020
Last sale
$300,000
2 recorded transactions
2020
$300,000
2017
$249,900
Zoning & alternative use
CB · Niles, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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