115 E Main Street, Niles, MI 49120 (MLS# 25055090)
115 E Main Street, Niles, MI 49120
$975,000
Property Type:
Commercial Sale
Baths:
8
Square Footage:
11,696
Lot Size (sq. ft.):
8,913
Status:
Active
Current Price:
$975,000
List Date:
3/05/2026
Last Modified:
3/05/2026
Overview
Description
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.
Listing Details MLS# 25055090
Location Property Info
- County
- Berrien
- Street #
- 115
- Street Direction
- E
- Street Name
- Main
- Suffix
- Street
- State
- MI
- Zip Code
- 49120
- Zip (4)
- 2224
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.2
- Lot Square Footage
- 8913
- Lot Dimensions
- 68x131
- Year Built
- 1900
- Road Frontage
- 70
- Year Remodeled
- 20
- Total # Units
- 3
- # Fin Bldg Lvls
- 11352
- Total # Bldgs
- Yes
- Total SqFt
- 11696
- Total Net SqFt
- 20604
- Full Baths
- 8
- Total Baths
- 8
- Waterfront
- No
- School District
- Niles
Tax Info
- Tax ID #
- 11-72-3920-0003-00-8
- Taxable Value
- 68882
- SEV
- 85600
- For Tax Year
- 2024
- Seller's Annual Property Tax
- 3720
- Tax Year
- 2024
- Spec Assessment & Type
- None Known
- Homestead %
- 0
Waterfront Options
- Water Access Y/N
- No
Location & Property Info
- Cross Streets
- Front
- Property Sub-Type
- Retail
- Area
- Southwestern Michigan - S
- Municipality
- Niles City
- Ownership Type
- Private Owned
More Information
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 83.36
- Prop Avail for Lease?
- No
Remarks & Misc
- Public Remarks
- 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.
- Legal
- LOT 3 WILLIAM JUSTICE PLAT CITY OF NILES
Property Use
- Investment
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Recreation
- Yes
- Other
- Yes
Construction Type
- Block
- Yes
Exterior Material
- Brick
- Yes
Roofing
- Rubber
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Below Grade
- Basement
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
- Wall Unit(s)
- Yes
Business Includes
- Real Estate
- Yes
Additional Features
- Multi User Facility
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
Tenant Pays All
- Electric
- Yes
- Gas
- Yes
- Janitorial
- Yes
- Trash
- Yes
Send to Econ Dev Org
- MEDC
- Yes
- SWMI First, Region 5
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Subject To Tenant Rights
- Yes
Property Features
Property Use:
Investment
Uses:
Recreation; Other
Ownership:
LLC
Business Includes:
Real Estate
Construction Type:
Block
Exterior Material:
Brick
Roofing:
Rubber
Below Grade:
Basement
Additional Features:
Multi User Facility
Tenant Pays All:
Electric; Gas; Janitorial; Trash
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at St:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air; Wall Unit(s)
Purchase Terms Avail:
Cash; Conventional
Sale Conditions:
None
Send to Econ Dev Org:
MEDC; SWMI First, Region 5
Possession:
Subject To Tenant Rights
Listing Office:
The Home Source Group
Listing Agent:
Joseph F Williams
Last Updated: March - 05 - 2026
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