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

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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.

PROPERTY FACTS

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
  • 1st Floor
  • 7,280 SF
  • Flex
  • Full Build-Out
  • Now
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

1st Floor

Size 7,280 SF
Space Use Flex
Condition Full Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-14-4900-0015-01-2
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$156,900
  • Listing ID: 35414643

  • Date on Market: 4/8/2025

  • Last Updated:

  • Address: 2314 N 5th St, Niles, MI 49120

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