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Niles, MI

Retail

Niles, MI Retail Properties & Spaces for Sale

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South Bend, IN Buchanan, MI Berrien Center, MI

11 properties

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Turnkey Florist Business & Retail

Updated: Jul 1

Turnkey Florist Business & Retail

1124 N 5th Street, Niles, MI 49120

$277,500

1,652 sqft · 1.18 AC lot

Sale includes The Flower Cart, LLC florist business with customer goodwill, trade name, vehicle, and commercial property.
Recent building upgrades: refurbished front entrance and bathroom (2021), new awning (2023), LED lighting (2023).
Additional improvements include new greenhouse roof with polycarbonate walls (2024) and crushed asphalt driveway (2025).
Mechanical and plumbing updates include furnace (2026) plus water lines and sinks (2026).
Building features include wood siding construction, rubber roof, forced‑air heating, and central air cooling.

This listing looks promising.

Here's a quick look at some key insights for

1124 N 5th Street, Niles, MI 49120

View Property Analytics

Est. Cap Rate

6.2%
Above avg (5.9%)
Est. NOI

$17K
Annual
Price @ 7% Cap

$245K
Suggested
Property Type

Nursery, Greenhouse, Florist
Built 1950

View Property Analytics

Retail Property on High-Traffic Corridor

Updated: Feb 25

Retail Property on High-Traffic Corridor

1295 S 11th Street, Niles, MI 49120

$1,300,000

3,140 sqft · 1.30 AC lot

High‑traffic location on South 11th Street (M‑51) with 17,000‑26,000 vehicles per day.
Surrounded by national retail anchors like Walmart, Lowe's, ALDI, and Tractor Supply.
Convenient access from US‑12.
Strong demographics within a three‑mile radius.
Built in 2001 with concrete construction.

Retail Nursery with Greenhouse Space

Retail Nursery with Greenhouse Space

1521 E Main Street, Niles, MI 49120

$425,000

8,500 sqft · 2.10 AC lot

Established retail greenhouse setup with showroom, flexible indoor gazebo space, and ample parking for customer and operational flow.

Versatile Commercial Property on High-Traffic Street

Versatile Commercial Property on High-Traffic Street

2604 S 11th Street, Niles, MI 49120

$510,000

3,200 sqft · 0.96 AC lot

40x80 commercial property with live/work space and ample parking.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Commercial Property on High-Traffic Street

Commercial Property on High-Traffic Street

2919 S 11th Street, Niles, MI 49120

$85,000

1,010 sqft · 0.26 AC lot

Fixer-upper with business or home-based business potential near Indiana.

Versatile Mixed-Use Niles Opportunity

Versatile Mixed-Use Niles Opportunity

105 E Main Street, Niles, MI 49120

$725,000

7,920 sqft · 0.05 AC lot

Downtown Niles commercial property with retail, rentals, and loft.

Versatile Commercial Building in Niles

Versatile Commercial Building in Niles

920 Lambert Street, Niles, MI 49120

$399,000

3,600 sqft · 0.34 AC lot

3,600+ sq. ft. commercial building in downtown Niles, MI.

Downtown Niles Multi-Tenant Commercial Space

Downtown Niles Multi-Tenant Commercial Space

306 E Main St, Niles, MI 49120

$695,000

16,000 sqft

Multi-tenant commercial space in downtown Niles, Michigan.

Retail Nursery and Greenhouse Property

Retail Nursery and Greenhouse Property

1521 East Main Street, Niles, MI 49120

$460,000

8,500 sqft

Commercial space with greenhouse areas and showroom, plus flexible indoor areas and on-site parking for customer and operations access.

Limestone Office Building with Parking

Limestone Office Building with Parking

111 N 4th St, Niles, MI 49120

$200,000

Solid limestone downtown office building with central air and gas heat, plus space behind for additional parking.

Redevelopment Property in Great Location

Redevelopment Property in Great Location

2640 S 11th St, Niles, MI 49120

$1,200,000

5,840 sqft

Redevelopment property suitable for automotive or retail use.

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Niles, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

Retail Showroom and Workshop Buildings

Retail Showroom and Workshop Buildings

Buchanan, MI 49107

$275,000

6,000 sqft · 0.50 AC lot

Two connected buildings offer a flexible showroom layout plus a pole building for workshop or storage, supported by ample parking and frontage.

Established Restaurant Property for Sale

Established Restaurant Property for Sale

15212 Red Bud Trail N, Buchanan, MI 49107

$349,000

4,559 sqft · 1.50 AC lot

Turnkey restaurant and bar with real estate and liquor license.

Versatile Office and Retail Building

Versatile Office and Retail Building

247 N Dixie Way, South Bend, IN 46637

$1,098,000

10,000 sqft

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

High-Visibility Commercial Land Available

High-Visibility Commercial Land Available

21189 Cleveland Rd, South Bend, IN 46628

$1,064,000

Land with high traffic, near shopping, dining, and toll road.

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 on High-Traffic Street

Commercial Land on High-Traffic Street

2919 S 11th St, Niles, MI 49120

$85,000

690 sqft

Commercial land with business or home-based business potential.

High-Visibility Development Land

High-Visibility Development Land

15731 SR 23 Highway, Granger, IN 46530

$1,750,000

3.03 AC lot

Over 3 acres on SR 23 in Granger with nearby retail centers and daily traffic counts, suited for commercial-minded development planning.

Commercial Development Land Parcel

Commercial Development Land Parcel

15731 SR 23 Highway, Granger, IN 46530

$1,750,000

3.03 AC lot

3.03-acre parcel along SR 23 suited for retail or mixed-use development, with current Residential zoning.

Cleared Development Land with Residence

Cleared Development Land with Residence

16974 Douglas Road, Mishawaka, IN 46545

$599,000

1.30 AC lot

Cleared 1.3-acre site on Douglas Road with an existing two-story home and access via a paved public road easement.

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.

RETAIL STORES (PERSONAL SERVICES)

205 2nd St, Niles, MI 49120-2220

Value Estimation by Request

1,921 sqft · 0.03 AC lot

RETAIL STORES (PERSONAL SERVICES)

301 Main St, Niles, MI 49120-2305

Value Estimation by Request

4,922 sqft · 0.06 AC lot

RESTAURANT

1915 11th St, Niles, MI 49120-4054

$570,000

Estimated value

4,100 sqft · 1.21 AC lot

RESTAURANT

402 Wayne St, Niles, MI 49120-2363

Value Estimation by Request

3,613 sqft · 0.14 AC lot

SHOPPING CENTER, STRIP CENTER

410 2nd St, Niles, MI 49120-2285

Value Estimation by Request

29,341 sqft · 1.66 AC lot

STORE, RETAIL OUTLET

2911 11th St, Niles, MI 49120-4750

Value Estimation by Request

12,700 sqft · 1.50 AC lot

AUTO REPAIR, GARAGE

2401 11th St, Niles, MI 49120-4413

Value Estimation by Request

1,421 sqft · 0.44 AC lot

RESTAURANT

1125 Wayne St, Niles, MI 49120-1844

Value Estimation by Request

3,338 sqft · 0.19 AC lot

DRIVE-THRU RESTAURANT, FAST FOOD

2701 11th St, Niles, MI 49120-4419

$785,000

Estimated value

3,735 sqft · 0.97 AC lot

DRIVE-THRU RESTAURANT, FAST FOOD

734 11th St, Niles, MI 49120-3313

Value Estimation by Request

2,984 sqft · 0.87 AC lot

AUTO REPAIR, GARAGE

2840 11th St, Niles, MI 49120-4422

Value Estimation by Request

4,320 sqft · 0.78 AC lot

RETAIL STORES (PERSONAL SERVICES)

3125 11th St, Niles, MI 49120-4735

Value Estimation by Request

3,248 sqft · 0.34 AC lot

AUTO REPAIR, GARAGE

1641 Main St, Niles, MI 49120-3809

Value Estimation by Request

4,216 sqft · 0.17 AC lot

Niles, MI Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Niles, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 59,362 square feet of properties for sale, with an estimated market value of $6,076,500.

Sale prices for stores in Niles, MI start at $85,000, averaging $607,650, and reaching up to $1,300,000 — 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

Commercial property segments ranked by active listings on the market

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 average listing prices of real estate assets

Neighborhood	Average Price
49120	$533.2K

Taxes & Financing

Tax Rate (average for all types) 3.49%

Property Tax per SF $64.97 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Berrien County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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