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2314 N 5th St 7,280 SF Flex Building Niles, MI 49120 $250,000 ($34.34/SF)



INVESTMENT HIGHLIGHTS
- Ideal Building for a Small Commercial Business
EXECUTIVE SUMMARY
This 7,280 SF commercial building is ideal for a small commercial business. The building includes 3,680 SF with a large showroom/retail space, office work stations, private office, restrooms and a kitchenette area. The 3,600 SF warehouse portion of the building has one (1) overhead door and 12’ ceiling height. Built on less than one acre, the property has 20 on-site surface parking spaces and is serviced by municipal utilities. The property is zoned LB Local business and provides small, convenient commercial areas adjacent to existing or planned residential concentrations.
The property has approximately 73.26’ of frontage on N. 5th Street. The property is located on a paved road, supported by adequate electric and natural gas and is serviced by municipal water and sewer. The property is located on the north eastern side of the City of Niles on N. 5th Street (M-51) just south of Monroe Street. The property is surrounded by other commercial and retail businesses as well as single family residential properties.
The property has approximately 73.26’ of frontage on N. 5th Street. The property is located on a paved road, supported by adequate electric and natural gas and is serviced by municipal water and sewer. The property is located on the north eastern side of the City of Niles on N. 5th Street (M-51) just south of Monroe Street. The property is surrounded by other commercial and retail businesses as well as single family residential properties.
PROPERTY FACTS
| Price | $250,000 | No. Stories | 1 |
| Price Per SF | $34.34 | Year Built | 1989 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.74/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 12’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.72 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 7,280 SF | ||
| Zoning | LB - Local Business | ||
| Price | $250,000 |
| Price Per SF | $34.34 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.72 AC |
| Rentable Building Area | 7,280 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 2.74/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | LB - Local Business |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,280 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 7,280 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 7,280 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
1 1
PROPERTY TAXES
| Parcel Number | 11-14-4900-0015-01-2 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $156,900 |
PROPERTY TAXES
Parcel Number
11-14-4900-0015-01-2
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$156,900
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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2314 N 5th St
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