For Sale
$2,250,000

410 2Nd St Niles, MI 49120

Prime Niles location, strong tenant base, excellent cash flow.

Overview

Added:
Feb 3
Days on market:
78
This exceptional industrial property, located at 410 N 2nd Street in Niles, Michigan, presents a compelling investment opportunity. Spanning 31,734 square feet on a 1.73-acre lot, this property boasts a diverse tenant mix with lease terms ranging from two to seven years remaining, ensuring consistent rental income and long-term stability. The property's anchor tenant, Dollar General, contributes significantly to the property's strong cash flow by attracting substantial foot traffic and providing a reliable revenue stream. The property's strategic location in a high-demand area guarantees excellent visibility and consistent traffic, further enhancing its investment appeal. Recent improvements include a brand-new roof, minimizing future maintenance expenses and maximizing the return on investment. This property is ideally suited for investors seeking a stable, high-yielding asset with a proven track record of success. The combination of a strong tenant base, prime location, and recent upgrades makes this a truly exceptional opportunity in the Niles commercial real estate market. The asking price is $2,250,000. This property offers a rare blend of immediate income generation and long-term growth potential.

Property Details for 410 2Nd St

Property type
Industrial properties
Square Feet
31,734 SF
Year Built
1962
Lot Size (sq. ft)
75,359 SF

Location Insight

City
Niles
County
Berrien
State
Michigan
Latitude
41.83228
Longitude
-86.25827

FAQs

What type of property is this?
Industrial property - Prime Niles location, strong tenant base, excellent cash flow.
Where is the industrial property located?
The property is located at 410 2Nd St Niles, MI.
What is the asking price?
The asking price for this property is $2,250,000.
How can I contact the broker?
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410 2Nd St
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