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    Property profile & analytics
    OFF-MARKET Estimated value $590,000
    Retail space

    3131 11th St, Niles, MI 49120-4735

    9,886 SF 1.37 ac lot Built 1967
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-3898371
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1967
    Total area 9,886 SF
    Lot 1.37 ac (59,677 SF)
    APN 14-8700-0027-02-8
    UPID US43-3898371
    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
    • Tung KT, LLC Holding Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $603k
    Blend (final) Blend
    $590k
    Owner & transaction history
    3131 S 11th LLC · 1 yrs held
    3131 S 11th LLC
    since 2025
    Last sale
    $575,000
    7 recorded transactions
    2025
    $575,000
    2022
    $435,000
    2018
    $250,000
    2018
    $200,000
    2013
    2012
    2011
    $8,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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