2010 11Th StNiles, MI 49120

Property Details for 2010 11Th St

Year built

1991

Lot size

1.89 AC

Property size (Sq ft)

14,703 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

14-0930-0012-06-4

APU

1409300012064

Description

This exceptional retail opportunity encompasses 4,200 square feet of vacant space within a larger 14,703-square-foot multi-tenant building located at 2010 S 11th Street, Suite 6, Niles, MI 49120. The property sits on a 1.89-acre lot and boasts a prime location on busy 11th Street, near major retailers such as Lowe's, Verizon, Wings Etc., and Walmart, ensuring high visibility and foot traffic. The building, constructed in 1991, features two single-story structures with a total of seven suites. This particular suite offers a spacious layout, including a front office and waiting area, several private rooms, and two restrooms. Its previous use as an Anytime Fitness center suggests suitability for a health and fitness business, though it is adaptable to a variety of retail uses. Ample parking is available, providing convenient access for customers and employees. The property is zoned GB - General Business (Berrien County APN: 1409300012064) and offers excellent potential for a thriving retail operation. The cross street is Bell Road.

• CAP approach

  CAP return

  Valuation

  6%

  $3,801,153

  6.5%

  $3,508,756

  7%

  $3,258,131

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,825,966

  Geo Method

  $4,825,966

• Alternative Use

  Use

  Valuation

  Residential

  $2,959,767

  Hospitality

  $2,711,131

  Educational

  $2,255,629

  Medical

  $2,333,204

  Retail

  $3,508,756

Location Insight

City

Niles

County

Berrien

State

Michigan

Latitude

41.7942

Longitude

-86.2501

CBSA code

35660

CBSA name

NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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