2570 Niles RdSt. Joseph, MI 49085

Property Details for 2570 Niles Rd

Year built

2011

Lot size

0.69 AC

Property size (Sq ft)

4,839 SF

Zone code

B2 - RET/SERV

Property type

Medical offices

Property subtype

Medical space

APN

18-0002-0044-04-2

APU

1800020044042

Description

This exceptional 4,500 square foot Class B executive office building, constructed in 2011, is ideally situated on Niles Road in St. Joseph, Michigan, within a high-traffic medical corridor. The property boasts excellent visibility and signage opportunities, making it perfect for a variety of professional businesses. Previously utilized as a medical office and appointment management center, the space offers a functional and adaptable layout. The building includes ample parking with 20 designated spaces, ensuring convenient access for staff and clients. Located in Berrien County, Michigan, with the address 2570 Niles Rd, zip code 49085, this property presents a compelling investment opportunity at an asking price of $1,850,000, translating to $411.11 per square foot. Its strategic location and existing infrastructure make it an attractive option for businesses seeking a well-established presence in a thriving medical community. The property's history as a medical facility suggests potential for continued use in the healthcare sector, or adaptation for other professional office uses. The ample parking further enhances its appeal to potential tenants or owners.

• CAP approach

  CAP return

  Valuation

  6%

  $621,067

  6.5%

  $573,293

  7%

  $532,344

• Comparable approach

  Method

  Valuation

  Relative Method

  $630,280

  Geo Method

  $630,280

• Alternative Use

  Use

  Valuation

  Residential

  $710,883

  Hospitality

  $651,165

  Educational

  $541,762

  Medical

  $560,394

  Retail

  $842,741

Location Insight

City

Saint Joseph

County

Berrien

State

Michigan

Latitude

42.0715

Longitude

-86.4757

CBSA code

35660

CBSA name

NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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