Property profile

930 11th St Niles, MI 49120

OFF-MARKET
Hotels
Property ID
US43-3005520
78,980 SF 4.39 ac lot Built 1969
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity in Niles, Michigan, presents three buildings totaling 10,058 square feet, ideally suited for multiple tenants. Located at 930 S 11th Street, 49120, this property offers excellent visibility and accessibility. The buildings are situated in Berrien County and provide a range of space options. Two spaces are currently available, with a minimum divisible space of 2,269 square feet and a maximum contiguous space of 2,324 square feet. A total of 4,593 square feet is currently vacant, presenting a significant opportunity for expansion or multiple businesses. The property's classification as both retail and restaurant space allows for diverse tenant possibilities. This prime location in Niles offers a strong foundation for business growth, with ample space to accommodate various needs. The property is easily accessible and benefits from high visibility, making it an attractive option for businesses seeking a prominent presence in the community. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1969
Total area 78,980 SF
Lot 4.39 ac (191,228 SF)
Zoning code RC
APN 73-5250-0028-01-1
UPID US43-3005520

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Take-out & Catering Catering Service

Location

930 11th St Niles, MI 49120-3410
Niles metro Census 20700 NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$620k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

RC · Niles, MI
Zoning description

RC Regional Commercial OC Office/Commercial IND Industrial OS Open Space MHP Mobile Home Park WHP Wellhead Protection Overlay 4-2 CITY OF NILES - Zoning Ordinance ZONING DISTRICTS , LAND USE AND ZONING MAP E. In the even…

General category COMMERCIAL

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
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