410 N 2nd Street, Niles, MI 49120 (MLS# 24030772)
410 N 2nd Street, Niles, MI 49120
$2,250,000
Property Type:
Commercial Sale
Square Footage:
31,734
Lot Size (sq. ft.):
75,504
Status:
Pending
Current Price:
$2,250,000
List Date:
6/17/2024
Last Modified:
3/10/2025
Description
Seize this investment opportunity with our prime commercial real estate offering, ideally situated in a high-demand location ensuring consistent traffic and visibility. This property is perfectly poised to deliver long-term stability and robust returns. A diverse tenant base with lease terms ranging from 2 to 7 years remaining, provides you with stability and security. Features a brand-new roof, reducing maintenance concerns, this property offers excellent cash flow, making it a valuable addition to any investment portfolio. Dollar General serves as the anchor tenant, attracting consistent foot traffic and providing a solid foundation for the property's income.
More Information MLS# 24030772
Location Property Info
County: Berrien
Street #: 410
Street Direction: N
Street Name: 2nd
Suffix: Street
State: MI
Zip Code: 49120
Zip (4): 2285
Area: Southwestern Michigan - S
OfficeContract Info
Status: Pending
Current Price: $2,250,000
List Price: $2,250,000
Listing Date: 2024-06-17
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.73
Lot Square Footage: 75504
Lot Dimensions: irregular
Year Built: 1962
Road Frontage: 100
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 31734
Full Baths: 7
Waterfront: No
School District: Niles
Tax Info
Tax ID #: 11-72-3110-0010-00-6
Taxable Value: 696669
SEV: 780000
For Tax Year: 2023
Annual Property Tax: 38000
Tax Year: 2023
Spec Assessment & Type: None known
Remarks Misc
Directions: Main St to South on 2nd St to address.
Status Change Info
Under Contract Date: 2025-02-21
Additional Details
Total Parking Spaces: 80
Property Features
Property Use: Business
Uses: Professional Service; Professional/Office; Restaurant; Retail
Ownership: LLC
Business Includes: Real Estate
Construction Type: Steel
Exterior Material: Brick
Roofing: Rubber
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; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Possession: Negotiable
Listing Office: Realty Executives Instant Equity
Listing Agent: The Heaps Team
Last Updated: March - 10 - 2025
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