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218 N 2nd St
Niles, MI 49120
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Open, Flexible Floor Plan
  • Redevelopment Opportunity
  • Well Maintained with New Roof and HVAC

PROPERTY FACTS

Property Type
Retail
Building Size
22,000 SF
Building Class
C
Year Built
1920
Tenancy
Single
Building Height
2 Stories
Building FAR
1.94
Lot Size
0.26 AC
Zoning
CBD- Central Business D - CB - Central Business District
Frontage
88’ on 2nd St

ABOUT 218 N 2ND ST , NILES, MI 49120

Beautiful landmark building in downtown Niles. Formerly a Montgomery Ward department store, this one of a kind building is 22,000 SF in size (11,000 SF on each floor) and features an open interior layout that can accommodate many types of businesses. Additional features include two restrooms, a freight elevator, high ceilings and hardwood floors on both levels. The building is on a visible corner that is easily accessible from both parking on the street as well as from a large municipal parking lot across the street. The owners recently replaced the roof and installed three large forced air furnaces. Subject to use approval, this property can be easily redeveloped into a number of different uses including, multi-family residential, mixed-use, office, restaurant, brewery, reception hall, etc. Located within an Opportunity Zone. Four Flags Antique Mall business available for sale separately - inquire for additional info. Located at the SW corner of N 2nd Street and Sycamore St in the Niles CBD, within 1 block from both M-51 and M-139.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-72-3920-0021-00-6
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$153,200
  • Listing ID: 16252525

  • Date on Market: 6/5/2019

  • Last Updated:

  • Address: 218 N 2nd St, Niles, MI 49120

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