930 11Th StNiles, MI 49120

Property Details for 930 11Th St

Year built

1969

Lot size

4.39 AC

Property size (Sq ft)

78,980 SF

Zone code

RC

Property type

Hotels

APN

73-5250-0028-01-1

APU

7352500028011

Description

This exceptional retail opportunity in Niles, Michigan, presents three buildings totaling 10,058 square feet, ideally suited for multiple tenants. Located at 930 S 11th Street, 49120, this property offers excellent visibility and accessibility. The buildings are situated in Berrien County and provide a range of space options. Two spaces are currently available, with a minimum divisible space of 2,269 square feet and a maximum contiguous space of 2,324 square feet. A total of 4,593 square feet is currently vacant, presenting a significant opportunity for expansion or multiple businesses. The property's classification as both retail and restaurant space allows for diverse tenant possibilities. This prime location in Niles offers a strong foundation for business growth, with ample space to accommodate various needs. The property is easily accessible and benefits from high visibility, making it an attractive option for businesses seeking a prominent presence in the community. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $15,774,249

  6.5%

  $14,560,845

  7%

  $13,520,785

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,174,790

  Geo Method

  $24,174,790

• Alternative Use

  Use

  Valuation

  Residential

  $15,896,212

  Hospitality

  $14,560,845

  Educational

  $12,114,452

  Medical

  $12,531,087

  Retail

  $18,844,704

Location Insight

City

Niles

County

Berrien

State

Michigan

Latitude

41.8184

Longitude

-86.2484

CBSA code

35660

CBSA name

NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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