$274,900 218 N 2nd Street Niles, MI

MLS: 18039727   Type: Commercial   County: Berrien   City: Niles   Area: Niles City   Neighborhood: Niles City   Zip: 49120   Style: Retail/Commercial     Taxes: $3,049

Mortgage $1,291 /mo



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Currently operating as a successful Antique Mall for many years. A landmark building in Niles, originally built as the 2nd Montgomery Ward's Store in the U.S., Real Estate Only Offered For Sale. 2 floors of original woodwork, hardwood floors, open floor plan with 11,000 sq ft. on each floor. Currently used as a vendor mall where each vendor rents booth space. Main floor has a restaurant area, 2 baths, the original working freight elevator, 2 entry doors on 2nd street, 2 stairways, a garage and loading area. Recent improvements - Roof, 3 forced air furnaces, main floor A/C. Visible Corner Lot with Municipal Parking nearby. A short walk to the St. Joe River and City park. Possibilities are endless - studio apartments, reception hall, retail space; brewery, or restaurant.

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Price History

8/14/2018 Listed $319,900
10/12/2018 7% - $299,900
1/7/2019 1% - $297,900
2/13/2019 8% - $274,900

Additional Features Barrier Free, Bath Common Area, Multi User Facility
Business Includes Real Estate
Current Bldg Use Retail
Homestead % 0.00
Municipality Niles City
New Construction No
School District Niles
Sub-area S20 - Niles School
Uses Bar/Tavern/Lounge, Distribution, Manufacturing, Other, Professional Service, Professional/Office, Recreation, Restaurant, Retail, Storage
Waterfront No
Zoning Commercial

Interior Features

Air Conditioning Central
Heat Source Natural Gas
Heating Forced Air

Exterior Features

Construction Type Block, Concrete, Frame/Wood, Pole/Wood, Steel
Exterior Aluminum Siding, Block, Brick/Stone, Concrete
Mineral Rights Unknown
Road Frontage 220.00
Roof Rubber
Sewer Public
Total # Bldgs 1.00
Water Public
Water Access Y/N No

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Property vs Zip Code Avg (49120)

Price 274K Avg 590K

Sqr Feet 22,000 Avg 35,283

Cost / Sqr Ft $12 Avg $17

Taxes $3,049 Avg $6,411

Acres 0.2667 Avg 3.37

Visits 42 Avg 30

Days on Site 286 Avg 245

Walkscore® 81 Avg 37

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Ryan R Arnt at Keller Williams Realty Swm - (269) 982-7653

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