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2541 S 11th St - High Traffic Frontage - Build to Suit 1 Acre of Commercial Land Offered at $389,000 in Niles, MI 49120



INVESTMENT HIGHLIGHTS
- Ready for Build to suit now in New High Traffic "Green Mile" corridor connecting Indiana to Legal Pot Market in Michigan
EXECUTIVE SUMMARY
Properties have security fencing and lighting in place now. Space available for retail / wholesale / delivery. Over 8 acres available for development if combined! Seller is flexible and willing to be an investor or sell outright. Come and let's make a Deal!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $389,000 | Lot Size | 1.00 AC |
| Price Per AC | $389,000.00 |
| Price | $389,000 |
| Price Per AC | $389,000.00 |
| Lot Size | 1.00 AC |
Build New to Suit or Sell Parcel. New Green Mile in Niles Township is the Main thoroughfare from Indiana where weed is still illegal to Michigan where 20 new permits have been issued immediately across the State Line. Traffic count increasing soon!
DESCRIPTION
Vacant Land - Adjoining Buildings currently Leased with Sale notice of 30 days or continued Leases. MIDAS Muffler has new 15 year lease and has been a tenant for over 25 years. Municipal Tenant leases all of the space south of MIDAS. Largest adjoining space is 12,000sqft with new steel roof and two newer rooftop HVAC units. Occupied rented spaces are all Triple Net.
PROPERTY TAXES
| Parcel Number | 11-14-1500-0040-00-7 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $25,000 (2025) |
PROPERTY TAXES
Presented by
Global Realty Investments LLC
2541 S 11th St - High Traffic Frontage - Build to Suit
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