2844 Niles Avenue Avenue, St. Joseph, MI 49085 (MLS# 19051809)
2844 Niles Avenue Avenue, St. Joseph, MI 49085
$1,528,200
Property Type:
Commercial Sale
Square Footage:
32,413
Lot Size (sq. ft.):
90,343
Status:
Sold
Current Price:
$1,650,000
List Date:
11/06/2020
Last Modified:
1/12/2023
Overview
Description
Two tenant investment property on Niles Avenue in St. Joseph, Michigan. Anchor tenant is Harding's Grocery and the other tenant is Family Dollar. Both tenants have a long history at this site. All prospects must sign a confidentiality agreement to receive the Investment Offering Memorandum.
Listing Details MLS# 19051809
Location Property Info
- County
- Berrien
- Street #
- 2844
- Street Name
- Niles Avenue
- Suffix
- Avenue
- State
- MI
- Zip Code
- 49085
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 2.07
- Lot Square Footage
- 90343
- Lot Dimensions
- 304.20 x 283.5 +/-
- Year Built
- 1958
- Road Frontage
- 304.2
- Mineral Rights
- Unknown
- Total # Units
- 2
- # Fin Bldg Lvls
- Yes
- Total # Bldgs
- Yes
- Total SqFt
- 32413
- Property Use Type
- Investment
- Full Baths
- 4
- Waterfront
- No
- School District
- St. Joseph
Tax Info
- Tax ID #
- 117627000008129
- Taxable Value
- 901328
- SEV
- 932000
- For Tax Year
- 2019
- Seller's Annual Property Tax
- 53372.48
- Tax Year
- 2019
- Homestead %
- 0
- Spec Assessment & Type
- No
Remarks Misc
- Directions
- From downtown St. Joseph take Niles Avenue south to property. Property is located on the west side of Niles Avenue just south of McDonald's.
Status Change Info
- Under Contract Date
- 2021-02-17
- Sold Date
- 2021-06-17
- Sold Price/SqFt
- 47.15
More Information
Income and Expenses
- Gross Op Income ($)
- 186750
- Net Operating Income
- 186750
Location & Property Info
- Cross Streets
- Midway Ave. & Gard Ave.
- Property Sub-Type
- Retail
- Area
- Southwestern Michigan - S
- Municipality
- St. Joseph City
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 50.91
- Prop Avail for Lease?
- No
- Current Bldg Use
- Retail - Hardings Grocery & Family Dollar Store
Remarks & Misc
- Legal
- On file at LO
Street Type
- Paved
- Yes
- Public
- Yes
Property Use
- Investment
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Retail
- Yes
Construction Type
- Block
- Yes
Exterior Material
- Block
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- Partnership
- Yes
Below Grade
- None
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Real Estate
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Storm Sewer
- Yes
Tenant Pays All
- Building Insurance
- Yes
- Common Area Maintena
- Yes
- Electric
- Yes
- Gas
- Yes
- Janitorial
- Yes
- Prop Taxes/Assess
- Yes
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
Docs Req Conf Agrmnt
- Financials
- Yes
- Leases
- Yes
- Rent Roll
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Property Use:
Investment
Uses:
Retail
Ownership:
Partnership
Business Includes:
Real Estate
Construction Type:
Block
Exterior Material:
Block
Roofing:
Composition
Below Grade:
None
Tenant Pays All:
Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Prop Taxes/Assess; Sewer; Trash; Water
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Street Type:
Paved; Public
Purchase Terms Avail:
Cash; Conventional
Docs Req Conf Agrmnt:
Financials; Leases; Rent Roll
Sale Conditions:
None
Possession:
Close Of Escrow
Listing Office:
Cressy Commercial Real Estate
Listing Agent:
James H Ringler
Last Updated: January - 12 - 2023
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