3131 S 11th St | Niles, MI 49120
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3131 S 11th St
Niles, MI 49120
Retail Property For Sale
Investment Highlights
- Clear span retail space with 11’ drop ceilings
- Pylon signage available
- Pole barn and acreage allow for additional storage capability
- 120/208 V 3-phase power
- Serviced by municipal water and sewer
- NNN lease type: tenant pays taxes, utilities, insurance, and maintenance costs
Executive Summary
The Subject Property consists of a 7,800 sq. ft. clear span building with accompanying approx. 1,000 sq. ft. pole barn behind, situated on 1.37 acres of land just across the Indiana state line into Michigan. The main building features 11’ drop ceilings, clear span interior divided into a front showroom space of 4,560 SF, and featuring a 10’ overhead door on the front façade. The space would be great for ag related industries, showroom space, or wholesale. Neighboring retailers include automotive vehicles and parts sales, liquor and tobacco shops, bars and restaurants, and more.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,800 SF
Building Class
C
Year Built
1967
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.13
Lot Size
1.37 AC
Zoning
General Business - None
Parking
35 Spaces (4.49 Spaces per 1,000 SF Leased)
Frontage
159 ft on 11th St St
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 11-14-8700-0027-02-8 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £188,753 |
PROPERTY TAXES
Parcel Number
11-14-8700-0027-02-8
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£188,753
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