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About This Home
This 0-bedroom, 8-bathroom commercial at 115 E Main Street in Niles, MI is listed for $975,000 ($83 per sqft). Built in 1900, the home offers 11,696 sqft of living space on a 0.20 acres lot.
Over 11,000 sq. ft. of finished and fully occupied space plus almost 9,000 sqft of clean basement space in a historic building in downtown Niles, MI offers a prime investment opportunity. The main floor is leased to a successful gym, ensuring steady traffic and income. Two upstairs units are rented as long-term residential properties, providing additional income stability. With a remodel taking place in 2022 and a 100% occupancy rate, this property is a solid income generator with potential for long-term growth.
Key Features
- Built in 1900
- 0.20 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
115 E Main Street
Niles, MI 49120
Features & Amenities
Interior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 8-bathroom commercial at 115 E Main Street is listed at $975,000 ($83/sqft). The estimated monthly payment is $4,225 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.20 acre lot. Interior Features: Broadband.
This property is listed by Joseph F Williams and can be reached at 2694796510 or joseph@thehomesourcegroup.com.
