105 E Main Street Niles, MI $ 695,000
105 E Main Street
$ 695,000
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105 E Main Street

Niles, MI, 49120
$ 695,000
Baths5.0

Monthly Estimate*

$ 4,619

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Studio

Commercial Property for sale in Niles, MI

for $695,000 with 5 full baths. This building was built in 1840 on a lot size of 0.05.

3 story business opportunity completely renovated in the past 3 years is a must see! This turnkey property has a great urban feel maintaining the architectural integrity of soaring ceilings and exposed brick while offering all new windows, roof, flooring and more. Main floor event space with kitchen has proven rental history. 2nd floor offers two 1 bed/1 bath units with separate keyed entry. 3rd floor 1900 sq. ft. 3 bed/2 bath fully furnished unit was completed in 2024 and is a WOW! Short term or long term rentals. Rent all 3 or live on the 3rd floor and rent the other units. You decide! Full basement. Excellent location! One block from the St. Joe River and Park with access to the bike trail. Be a part of the exciting things that are happening in Niles. Schedule an appointment today!

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Commercial Active

Price

$ 695,000

Bedrooms

Studio

Full Bath

5

Property Type

Commercial

Taxes

$ 8,754

Style

Business

Lot Size

0.05

Year Built

1840

Town/City

Niles

County/Region

Berrien

MLS | Web ID

24006870

Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Public Water Available Public Sewer Available Electric Available Cable Available Phone Connected Natural Gas Connected Electric Connected Cable Connected
Possession Close Of Escrow
Roof Rubber Concrete
Construction Materials Brick Stone
Year Built 1840
Tenant Pays Common Area Maintenance Electricity Gas Taxes Sewer Trash Collection Water
Township Niles City
Property SubType Business
Tax Year 2023
Business Type Other
County Berrien
New Construction N
Property Type Commercial Sale
Status Active
Directions On the North side of Main Street between Front and 2nd. Gather Event Space and Urban Suites
City Niles
High School District Niles
Zoning Description Commercial
NumberOfUnitsTotal 4
MLS Area Southwestern Michigan - S
Lot Size Units Acres
Lot Size Square Feet 1980.0
Waterfront Y/N N
Street Name Main
Land Lease Y/N N
Tax Annual Amount 8754.85
Lease Renewal Y/N N
MLS Area Minor Southwestern Michigan - S
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://elevatehomemedia.aryeo.com/sites/yzpkwjb/unbranded
Availability Date 2024-03-01
Days on Market 112
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 157700
Ownership Type LLC
Legal Description PART OF LOT 1 WILLIAM JUSTICE PLAT CITY OF NILES COM 46'E OF SW COR OF SAID LOT 1 TH E 20' N 98' W 20' S 98'TO BEG
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 5
Street Suffix Street
Electric On Property Y/N N
Total Baths 5
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Exterior
Water Source Public
Inclusions {u'Furniture': True}
Lot Size Area 0.05
Foundation Details None Concrete Perimeter Block
Number of Buildings 1
Spa N
Building Area Total 5700.0
Lot Dimensions 20' x 95'
Lot Size Acres 0.05
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 105
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* Excluded Features
List By
@Properties Christie's International R.E.

Broker

kathyvirgil@atproperties.com

Email

Affordability Calculator

$5,349
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,619
Monthly Property Taxes
$730
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
250093 Elementary School
249772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$695,000 -7.33% Price Down
2/9/2024$750,000 Listed Price

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105 E Main Street, Niles, MI, 49120 is a Commercial Property for sale at $695,000 with a lot size of 0.05. 105 E Main Street is a studio with 5.0 baths and was built in 1840. The property's zip code is 49120 which is in Niles, MI