3114 11th St, Niles, MI 49120-4736
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.
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
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