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    Niles, MI
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    Niles, MI Restaurants for Sale

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    South Bend, IN Buchanan, MI Berrien Center, MI
    Joey Armadillos (Formally Shulas)
    $1,700,000
    17,500 SF
    Joey Armadillos (Formally Shulas)

    Turnkey Bowling Center – 24 Lanes, Restaurant, Bar & Event Business

    2732 s 11Th St, Niles, MI 49120

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    Commercial Triplex with Drive-Thru Potential
    $650,000
    5,791 SF
    Commercial Triplex with Drive-Thru Potential

    2639 S 3rd Street, Niles, MI 49120

    Triplex with commercial zoning and drive-thru, near Notre Dame.
    • High visibility commercial zoning with residential use and 7,000+ cars/day traffic.
    • Potential 4th income stream from 600 sq ft drive‑thru with window, sink, and overhead door.
    • Three separate units with updated furnaces, A/C, flooring, cabinets, and appliances.
    • Six beds/four baths, fenced yards, courtyard, and wheelchair accessibility.
    • Three heated garages, basement under Unit A, and extensive storage.
    Updated: Mar 23
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    Former Bar & Grill For Sale
    $249,000
    6,108 SF
    Former Bar & Grill For Sale

    405-411 N 2nd St, Niles, MI

    Former saloon in Niles' Central Business District, ideal for restaurant.
    • Includes a Class C Liquor License with Dance Permit
    • Located in the Central Business District of Niles, Michigan
    • Ideal for restaurant or catering business
    • 6,108 SF former bar & grill
    • 157’ of frontage on N. 2nd Street
    Updated: Jan 17, 2024
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    Former Bar & Grill Opportunity
    $249,000
    6,108 SF
    Former Bar & Grill Opportunity

    Former bar and grill in Niles' Central Business District.

    405 & 411 N 2nd St, Niles, MI 49120

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    Based on your search, we've compiled 60 Potential Opportunities for your consideration. Besides 4 Active listings in Niles, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 48 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant and Event Venue
    $565,000
    6,600 SF
    Turnkey Restaurant and Event Venue

    Turnkey restaurant property with multiple dining rooms, a bar, and outdoor patio kitchen ready for a new concept.

    24460 Adams Road, South Bend, IN 46628

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    Established Restaurant Property in Buchanan
    $305,000
    4,559 SF
    Established Restaurant Property in Buchanan

    Turnkey restaurant with liquor license, ready for immediate operation.

    15212 Red Bud Trail N, Buchanan, MI 49107

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    Established Restaurant Property for Sale
    $305,000
    4,559 SF
    Established Restaurant Property for Sale

    Turnkey restaurant and bar with real estate and liquor license.

    15212 Red Bud Trail N, Buchanan, MI 49107

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    Versatile Office and Retail Building
    $1,098,000
    10,000 SF
    Versatile Office and Retail Building

    Two-story building with office and retail suites near universities.

    247 N Dixie Way, South Bend, IN 46637

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land For Sale
    $1,878,000
    18.70 Acres
    Commercial Land For Sale

    Commercial land with frontage on M 62, Edwardsburg, MI.

    70163 M 62, Edwardsburg, MI 49112

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    Elkhart Commercial Development Opportunity
    $2,200,000
    3.14 Acres
    Elkhart Commercial Development Opportunity

    3.14 acres B2 zoning near CR 6 and St Road 19.

    516 E County Road 6, Elkhart, IN 46514

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    Commercial Acreage Near I-94 Exit
    $500,000
    1.55 Acres
    Commercial Acreage Near I-94 Exit

    1.5 commercial acres, ideal for business or restaurant near I-94.

    2508 Pipestone Road, Benton Harbor, MI 49022

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    Elkhart Commercial Land Opportunity
    $330,000
    1.93 Acres
    Elkhart Commercial Land Opportunity

    1.93 acres of B-2 zoned land in Elkhart, Indiana.

    21835 State Road 120, Elkhart, IN 46516

    View details

    Off-Market Properties in Niles, MI

    Consider similar Off-Market properties in Niles, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1915 11th St
    RESTAURANT
    4,100 SF Lot: 1.21 Acres
    Estimated value
    $570,000

    1915 11th St, Niles, MI 49120-4054

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    402 Wayne St
    RESTAURANT
    3,613 SF Lot: 0.14 Acres
    Value Estimation by Request

    402 Wayne St, Niles, MI 49120-2363

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    1125 Wayne St
    RESTAURANT
    3,338 SF Lot: 0.19 Acres
    Value Estimation by Request

    1125 Wayne St, Niles, MI 49120-1844

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    2701 11th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,735 SF Lot: 0.97 Acres
    Estimated value
    $785,000

    2701 11th St, Niles, MI 49120-4419

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    734 11th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,984 SF Lot: 0.87 Acres
    Value Estimation by Request

    734 11th St, Niles, MI 49120-3313

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    322 Grant St
    RESTAURANT
    760 SF Lot: 0.20 Acres
    Value Estimation by Request

    322 Grant St, Niles, MI 49120-2204

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    701 13th St
    BAR, TAVERN
    9,232 SF Lot: 0.23 Acres
    Estimated value
    $770,000

    701 13th St, Niles, MI 49120-1901

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    2433 5th St
    RESTAURANT
    3,228 SF Lot: 0.46 Acres
    Value Estimation by Request

    2433 5th St, Niles, MI 49120-1108

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    920 Broadway St
    RESTAURANT
    612 SF Lot: 0.19 Acres
    Value Estimation by Request

    920 Broadway St, Niles, MI 49120-2722

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    2640 3rd St
    RESTAURANT
    2,638 SF Lot: 0.47 Acres
    Value Estimation by Request

    2640 3rd St, Niles, MI 49120-4404

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    1100 Frnt St
    RESTAURANT
    2,792 SF Lot: 0.65 Acres
    Value Estimation by Request

    1100 Frnt St, Niles, MI 49120-1626

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    1305 5th St
    RESTAURANT
    1,520 SF Lot: 0.53 Acres
    Value Estimation by Request

    1305 5th St, Niles, MI 49120-1609

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    3159 11th St
    RESTAURANT
    1,848 SF Lot: 0.21 Acres
    Value Estimation by Request

    3159 11th St, Niles, MI 49120-4735

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    3025 11th St
    BAR, TAVERN
    2,984 SF Lot: 0.97 Acres
    Value Estimation by Request

    3025 11th St, Niles, MI 49120-4707

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    219 Frnt St
    RESTAURANT
    3,267 SF Lot: 0.20 Acres
    Value Estimation by Request

    219 Frnt St, Niles, MI 49120-2222

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    1401 11th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    568 SF Lot: 0.62 Acres
    Value Estimation by Request

    1401 11th St, Niles, MI 49120-4201

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    1015 11th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,636 SF Lot: 0.70 Acres
    Estimated value
    $605,000

    1015 11th St, Niles, MI 49120-3404

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    2280 5th St
    RESTAURANT
    3,592 SF Lot: 1.55 Acres
    Value Estimation by Request

    2280 5th St, Niles, MI 49120-1105

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    3135 11th St
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,438 SF Lot: 1.23 Acres
    Value Estimation by Request

    3135 11th St, Niles, MI 49120-4735

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    202 Main St
    RESTAURANT
    3,360 SF Lot: 0.04 Acres
    Value Estimation by Request

    202 Main St, Niles, MI 49120-2304

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    Niles, MI Restaurants Investment Opportunities Market Analysis

    Explore 52 restaurants for sale in Niles, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 35,507 square feet of properties for sale, with an estimated market value of $2,848,000.

    Sale prices for restaurant properties in Niles, MI start at $249,000, averaging $712,000, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Drive through restaurants 4
    Bars & Pubs 3
    Conventional restaurants 1

    Property Size Breakdown

    The majority of commercial real estate listings in Niles fall within the 25,000 to 50,000 square foot range.

    Demographics Overview

    Population 37K
    Population Growth (5Y) +0.4%
    Median Household Income $61,940
    College Educated 14.5%

    High-Yield Neighborhoods for Investment

    Identify Niles submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49120 $866.3K

    Taxes & Financing

    Tax Rate (average for all types) 3.49%
    Property Tax per SF $64.97 per sq ft
    Average Loan-to-Value 65.0%

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