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    Niles, MI
    Retail

    Niles, MI Retail Space for Sale

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    South Bend, IN Buchanan, MI Berrien Springs, MI Granger, IN Roseland, IN Edwardsburg, MI Dowagiac, MI Berrien Center, MI
    Florist Storefront With Greenhouse
    Updated: Jul 1
    Florist Storefront With Greenhouse

    1124 N 5th Street, Niles, MI 49120

    $277,500
    1,652 sqft 1.18 AC lot
    1,652‑square‑foot storefront on 1.18 acres
    Operating florist business included with the commercial property
    Greenhouse has a new roof and polycarbonate walls installed in 2024
    Refurbished retail entrance and bathroom completed in 2021
    New awning and LED lighting added in 2023
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    This listing looks promising.

    Here's a quick look at some key insights for

    1124 N 5th Street, Niles, MI 49120

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    • 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
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    Retail Nursery with Greenhouse Space
    Updated: Mar 27
    Retail Nursery with Greenhouse Space

    1521 E Main Street, Niles, MI 49120

    $425,000
    8,500 sqft 2.10 AC lot
    Prime location with strong traffic flow and established community presence.
    Approximately 6,000 sq. ft. of versatile commercial space.
    Ample parking with multiple driveways for excellent accessibility.
    Includes a residential home with potential for conversion to additional use (subject to zoning).
    Features greenhouse space, showroom, design and preparation areas.
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    Retail Space with Central Air
    Retail Space with Central Air

    1295 S 11th Street, Niles, MI 49120

    $1,300,000
    3,140 sqft 1.30 AC lot

    Concrete retail space with central air, forced-air heating, broadband, and two bathrooms.

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    Retail Space with Regional Commercial Zoning
    Retail Space with Regional Commercial Zoning

    1295 S 11th Street, Niles, MI 49120

    $1,300,000

    Located along South 11th Street near national retail anchors and established shopping activity.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Retail Space on Busy Corridor
    Retail Space on Busy Corridor

    2809 S. 11th Street, Niles, MI 49120

    Contact for pricing

    Retail property located on a high-traffic commercial corridor connecting Niles, Michigan and South Bend, Indiana.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 5 Active listings in Niles, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Freestanding Warehouse and Retail Building
    Freestanding Warehouse and Retail Building

    3607 Grape Rd, Mishawaka, IN 46545

    Contact for pricing
    13,750 sqft

    Freestanding single-story building with a clear span warehouse, overhead doors, and a leased retail component.

    View details
    Single-Tenant Freestanding Retail Building
    Single-Tenant Freestanding Retail Building

    2401 Lincoln Way W, South Bend, IN 46628

    Contact for pricing
    10,722 sqft 1.16 AC lot

    Freestanding single-tenant retail building totaling 10,722 SF, currently occupied by Family Dollar.

    View details
    Retail Value-Add NNN Conversion
    Retail Value-Add NNN Conversion

    535-615 W. Edison Rd., Mishawaka, IN 46545

    Contact for pricing

    Retail property with strong traffic exposure and a stated opportunity to convert to NNN.

    View details
    Retail/Office Building on State Road
    Retail/Office Building on State Road

    17868 IN-23, South Bend, IN 46635

    Contact for pricing
    4,164 sqft 0.72 AC lot

    Retail/office building with high visibility and development potential.

    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.

    205 2nd St
    RETAIL STORES (PERSONAL SERVICES)

    205 2nd St, Niles, MI 49120-2220

    $165,000
    Estimated value
    1,921 sqft 0.03 AC lot
    View details
    301 Main St
    RETAIL STORES (PERSONAL SERVICES)

    301 Main St, Niles, MI 49120-2305

    $140,000
    Estimated value
    4,922 sqft 0.06 AC lot
    View details
    2911 11th St
    STORE, RETAIL OUTLET

    2911 11th St, Niles, MI 49120-4750

    $210,000
    Estimated value
    12,700 sqft 1.50 AC lot
    View details
    3125 11th St
    RETAIL STORES (PERSONAL SERVICES)

    3125 11th St, Niles, MI 49120-4735

    $360,000
    Estimated value
    3,248 sqft 0.34 AC lot
    View details
    3131 11th St
    STORE, RETAIL OUTLET

    3131 11th St, Niles, MI 49120-4735

    $545,000
    Estimated value
    9,886 sqft 1.37 AC lot
    View details
    2645 11th St
    RETAIL STORES (PERSONAL SERVICES)

    2645 11th St, Niles, MI 49120-4417

    $440,000
    Estimated value
    1,200 sqft 0.36 AC lot
    View details
    103 Main St
    RETAIL STORES (PERSONAL SERVICES)

    103 Main St, Niles, MI 49120-2224

    $110,000
    Estimated value
    6,615 sqft 0.05 AC lot
    View details
    218 2nd St
    RETAIL STORES (PERSONAL SERVICES)

    218 2nd St, Niles, MI 49120-2221

    $305,000
    Estimated value
    23,232 sqft 0.27 AC lot
    View details
    113 2nd St
    RETAIL STORES (PERSONAL SERVICES)

    113 2nd St, Niles, MI 49120-2219

    $70,000
    Estimated value
    952 sqft 0.03 AC lot
    View details
    1701 Broadway St
    RETAIL STORES (PERSONAL SERVICES)

    1701 Broadway St, Niles, MI 49120-2128

    $130,000
    Estimated value
    852 sqft 0.13 AC lot
    View details
    1286 11th St
    RETAIL STORES (PERSONAL SERVICES)

    1286 11th St, Niles, MI 49120-3409

    $580,000
    Estimated value
    6,432 sqft 0.55 AC lot
    View details
    17 2nd St
    RETAIL STORES (PERSONAL SERVICES)

    17 2nd St, Niles, MI 49120-2218

    $40,000
    Estimated value
    612 sqft 0.05 AC lot
    View details
    215 Main St
    RETAIL STORES (PERSONAL SERVICES)

    215 Main St, Niles, MI 49120-2303

    $215,000
    Estimated value
    5,016 sqft 0.07 AC lot
    View details
    1105 Cherry St
    RETAIL STORES (PERSONAL SERVICES)

    1105 Cherry St, Niles, MI 49120

    $565,000
    Estimated value
    5,440 sqft 0.94 AC lot
    View details
    922 11th St
    RETAIL STORES (PERSONAL SERVICES)

    922 11th St, Niles, MI 49120-3403

    $90,000
    Estimated value
    1,152 sqft 0.17 AC lot
    View details
    204 Main St
    RETAIL STORES (PERSONAL SERVICES)

    204 Main St, Niles, MI 49120-2304

    $225,000
    Estimated value
    1,400 sqft 0.04 AC lot
    View details
    1911 11th St
    STORE, RETAIL OUTLET

    1911 11th St, Niles, MI 49120-4054

    $215,000
    Estimated value
    3,800 sqft 0.35 AC lot
    View details
    3105 11th St
    RETAIL STORES (PERSONAL SERVICES)

    3105 11th St, Niles, MI 49120-4735

    $470,000
    Estimated value
    5,912 sqft 0.36 AC lot
    View details
    105 Main St
    RETAIL STORES (PERSONAL SERVICES)

    105 Main St, Niles, MI 49120-2224

    $410,000
    Estimated value
    5,880 sqft 0.04 AC lot
    View details

    Niles, MI Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Niles, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,292 square feet of properties for sale, with an estimated market value of $3,302,500.

    Sale prices for retail space in Niles, MI start at $277,500, averaging $825,625, 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

    Storefront properties 15
    Shopping centers 11
    Automotive properties 4
    Auto shops 1
    Grocery and convenience stores 1

    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 $825.6K

    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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