1312 Lake Street Niles, MI ^$ 2,700,000

1312 Lake Street

^$ 2,700,000

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1312 Lake Street

Niles, MI, 49120

^$ 2,700,000

Studio Baths0.0 Sq 16,800

Monthly Estimate*

^$ 17,945

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Studio

Commercial Property for sale in Niles, MI

for $2,700,000. This 16,800 square foot building was built in 2020 on a lot size of 3.2.

Built in 2020 for Class C cannabis cultivation with 16,800 sq ft. Sale includes facility and all equipment. Location zoned for cannabis grow adult use recreational Marijuana/Cannabis. Building could be used for other purposes. The facility has 16' ceilings, 480 3 Phase power on a 3.2 acre site. Niles is the most populous city in Berrien County and is located along the Indiana Stateline with easy access to US 12, I-94 and 80/90 toll road making this a prime location for you new business venture. Several offices, bathrooms, break room, etc. Climate controlled, generator, lights, sprinklers, vault, warehouse space, etc Fully operational and turnkey with all you need to be up & running immediately upon obtaining your Class C license. Fantastic opportunity in not just the Cannabis Industry.

Commercial Active

Price

^$ 2,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 18,280

Style

Commercial/Industrial

Lot Size

3.2

Year Built

2020

Town/City

Niles

County/Region

Berrien

MLS | Web ID

70392052

Features

General

Heating Radiant

Possession Negotiable (Possession)

Water Public Water Public Water at Street

Status Active Active

Year Built 2020

County Berrien

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Niles

Subdivision MI

Commercial Features Bath Cable TV Available Electric Available Gas Available Sprinkler System

Area Niles (11039)

Primary City Niles

Directions Corner of Lake and 13t St Niles

City Niles

Street Name Lake

Financial Terms Cash

Legal Description PART OF NW1/4 OF NW1/4 SEC 25 T7S R17W BOUNDED SE BY THE AIRLINE BRANCH OF THE MC RR N BY LAKE ST & W BY 13TH ST CITY O

DOM 84

Postal Code 49120

Price Per Sq Ft Total 160.71

Coming Soon Built in 2020 for Class C cannabis cultivation with 16

Exterior

Exterior Metal Steel

Frontage 1001

Lot Size Area 3.2

Lot Dimensions irregular

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Tammy Anders

Listing Agent

Mi Realty, A Michigan Re Co.

Broker

Tammy@MIRealtycompany.com

Affordability Calculator

$19,468

Per Month

Monthly Principal & Interest: $17,945
Monthly Property Taxes: $1,523
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Niles, MI

Average List Price ^$429,388

Percent of Sale Price 84%

About Niles, MI

11,146 Population

-7% Since 2002

^$33,845 Median Income

38.04 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$2,700,000	-8.47%	Price Down
2/28/2024	$2,950,000		Listed Price

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1312 Lake Street, Niles, MI, 49120 is a Commercial Property for sale at $2,700,000 with 16,800 sqft and a lot size of 3.2. 1312 Lake Street is a studio with 0.0 baths and was built in 2020. The property's zip code is 49120 which is in Niles, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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1312 Lake Street

Commercial Property for sale in Niles, MI

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