410 N 2nd Street, Niles, MI 49120

$2,000,000
Property Type: Commercial Sale Square Footage: 31,734 Lot Size (sq. ft.): 75,504 Status: Sold
Current Price: $2,000,000 List Date: 6/17/2024 Last Modified: 5/22/2025

Overview

Description

Seize this investment opportunity with our prime commercial real estate offering, ideally situated in a high-demand location ensuring consistent traffic and visibility. This property is perfectly poised to deliver long-term stability and robust returns. A diverse tenant base with lease terms ranging from 2 to 7 years remaining, provides you with stability and security. Features a brand-new roof, reducing maintenance concerns, this property offers excellent cash flow, making it a valuable addition to any investment portfolio. Dollar General serves as the anchor tenant, attracting consistent foot traffic and providing a solid foundation for the property's income.

Listing Details MLS# 24030772

Location Property Info

County
Berrien
Street #
410
Street Direction
N
Street Name
2nd
Suffix
Street
State
MI
Zip Code
49120
Zip (4)
2285

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
1.73
Lot Square Footage
75504
Lot Dimensions
irregular
Year Built
1962
Road Frontage
100
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
Yes
Total SqFt
31734
Full Baths
7
Waterfront
No
School District
Niles

Tax Info

Tax ID #
11-72-3110-0010-00-6
Taxable Value
696669
SEV
780000
For Tax Year
2023
Seller's Annual Property Tax
38000
Tax Year
2023
Spec Assessment & Type
None known

Remarks Misc

Directions
Main St to South on 2nd St to address.

Status Change Info

Under Contract Date
2025-02-21
Sold Date
2025-05-21
Sold Price/SqFt
63.02

More Information

Additional Details

Total Parking Spaces
80

Property Features

Property Use: Business Uses: Professional Service; Professional/Office; Restaurant; Retail Ownership: LLC Business Includes: Real Estate Construction Type: Steel Exterior Material: Brick Roofing: Rubber Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: Negotiable
IDX
Listing Office: Realty Executives Instant Equity
Listing Agent: The Heaps Team
Source MLS Verified
Last Updated: May - 22 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.