22 N 4th Street, Niles MI 49120 Photo 1 22 N 4th Street, Niles MI 49120 Photo 2 22 N 4th Street, Niles MI 49120 Photo 3 22 N 4th Street, Niles MI 49120 Photo 4

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22 N 4th Street - 1 block off Niles downtown business district across the street from Hardings Grocery Store. Currently used as a 5 unit rental, great location for small business' or office's. Very possible for units to be opened up so that the building can be used as a 1 unit or up to a 5 unit. Currently there are 2 rental units available, units 24 & 320, and each rents for $600. With all units rented, at the current rental rate the annual rent would be over $28,000. There are 2 gas furnaces with central air that provide the heat and air for all units, and 2 hot water heaters. There is a large upstairs attic with unit 22. A great retirement investment. Possible, Short Term, Lease With Option To Purchase Terms Available With A Minimum Of $20,000 Down.

Listing information

  • MLS® ID: 16040695
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $1,596
  • Subdivision: S20 - Niles School
  • Style: Commercial
  • Stories: 0
  • Total Square Footage: 3,800 ($39.47 per sq. foot)
  • County: Berrien
  • Year Built: 1940
  • New Construction: No
  • Lot Area: 0.17
  • School District: Niles


Air Conditioning Central
Auction or For Sale For Sale
Business Includes Non-Applicable
Construction Type Block, Concrete
Driveway Paved
Exterior Material Brick/Stone, Concrete Block, Metal, Wood
Heat Source Natural Gas
Heat Type Forced Air
Other Road Frontage - 110.00, Zoning - Commercial
Property Sub-Type Retail/ Commercial
Purchase Terms Avail Cash/Conventional, Land Contract, Other
Roofing Other
Sale Conditions None
Street Type Paved, Public
Unit 1 Tenant Pays Electric, Tenant Pays Gas
Unit 3 Tenant Pays Electric
Unit 4 Tenant Pays Electric
Unit 5 Tenant Pays Electric
Uses Office, Recreation, Restaurant/Bar, Retail, Service
Util Avail at St Broadband, Cable
Utilities / Sewer Public
Utilities Attached Electric, Natural Gas, Telephone
Water Type Public
Waterfront Options: Waterfront Y/N No
Listing Courtesy of Doug a Anderson of Anderson Realty, Llc