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    OFF-MARKET
    Grocery and convenience stores

    3114 11th St, Niles, MI 49120-4736

    2,492 SF 0.43 ac lot Built 1920
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US43-2814279
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Mvh Holdings II LLC · 5 yrs held
    Mvh Holdings II LLC
    since 2021
    Last sale
    $50,000
    3 recorded transactions
    2021
    $50,000
    2016
    $204,000
    2006
    $200,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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