3131 11th St, Niles, MI 49120-4735
This exceptional retail opportunity in Niles, Michigan, presents a 7,800-square-foot clear-span building on a 1.37-acre lot. Built in 1967, the property features two buildings: a main structure with 11-foot drop ceilings and a 4,560-square-foot showroom area, complemented by a 1,000-square-foot pole barn offering ample storage. The main building boasts a 10-foot overhead door on the front façade, ideal for various uses. The property benefits from 120/208 V 3-phase power, municipal water and sewer services, and pylon signage availability. Located in a General Business zone, this property is conveniently situated across the Indiana state line, near automotive, liquor, and food service businesses. The NNN lease structure means tenants are responsible for taxes, utilities, insurance, and maintenance. This versatile space is well-suited for agricultural businesses, showrooms, or wholesale operations. The property's address is 3131 S 11th St, Niles, MI 49120, with APN 11-14-8700-0027-02-8. This is a rare opportunity to acquire a substantial retail property with significant storage potential in a thriving commercial area.
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Tung KT, LLC Holding Company
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.