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2601 N 5th Street Niles Twp, MI 49120
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Key Details
Sold Price $519,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 9,900 sqft
Price per Sqft $52
MLS Listing ID 69018032111
Sold Date 12/21/18
Originating Board Southwestern Michigan Association of REALTORS
Year Built 1993
Annual Tax Amount $8,600
Lot Size 4.000 Acres
Acres 4.0
Lot Dimensions 491' x irregular
Property Description
Strip Shop In Niles is no longer accepting new customers. After neary 30 years, Gary's Furniture is not accepting new items. However we are accepting a NEW OWNER! Shop is is 3232 sq. ft. with storefront/office in the front and the workshop in the back. PLUS 144 STORAGE UNITS IN 3 BUILDINGS. 50 5X10; 51 10X20; 35 10X10, AND 8 10X15. Currently all but 6 leased. Good rental history - Produces steady income - rates are reasonable. PLUS additional concrete block out building with 3700 sq ft. Front part finished for office area last rented at $1000 a month - back space just waiting for new owner to create additional indoor storage; light manufacturing. Located in good commercial area as market for storage grows. Sale does not include personal property in any bldg. tools, supplies
Location
State MI
County Berrien
Area Niles Twp
Zoning Commercial
Direction from downtown Niles North on 5th Street = just past Pete's Patio - on East side
Interior
Heating Baseboard, Forced Air
Heat Source Natural Gas
Exterior
Roof Type Composition,Metal
Building
Sewer Sewer-Sanitary
Water Well-Existing
Structure Type Aluminum,Block/Concrete/Masonry,Other,Wood
Schools
School District Niles
Others
Tax ID 111400130025193
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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