Property profile

3114 11th St Niles, MI 49120

OFF-MARKET
Grocery and convenience stores
Property ID
US43-2814279
2,492 SF 0.43 ac lot Built 1920
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This single-tenant commercial property, located at 3114 S 11th St, Niles, MI 49120, offers 2,492 square feet of space in a 1-story, 1920-built building renovated in 1995. The property is classified as Class D and sits on a 0.43-acre lot (19,060 sq ft) with 25 parking spaces. The building features an 8-foot ceiling height and is equipped with city sewer and water, central air conditioning, natural gas, and single-phase electric. The zoning is 201 COMMERCIAL-IMPROVED (APN: 14-8700-0020-01-5, Berrien County). This exceptional location boasts excellent commercial potential, situated on a main thoroughfare connecting St. Joseph and Berrien County, and conveniently located near the Michigan/Indiana state line on the primary route between South Bend and Niles. The property benefits from high visibility due to its state-line frontage and a paved off-street parking lot. The entire 2,492 square feet is currently vacant, presenting a unique opportunity for immediate occupancy. This property offers significant advantages for businesses seeking high traffic exposure and convenient access to a major transportation artery.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1920
Total area 2,492 SF
Lot 0.43 ac (18,861 SF)
APN 14-8700-0020-01-5
UPID US43-2814279

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3114 11th St Niles, MI 49120-4736
Niles metro Census 21100 NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2021
Last sale
$50,000
3 recorded transactions
2021
$50,000
2016
$204,000
2006
$200,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3114 11th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message