$1,000,000
$1,200,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
6,064 SqFt
SOLD DATE : 02/07/2020
Key Details
Sold Price $1,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,064 sqft
Price per Sqft $164
MLS Listing ID 66019032343
Sold Date 02/07/20
Originating Board Greater Kalamazoo Association of REALTORS®
Year Built 2010
Annual Tax Amount $11,761
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 285 x Irr
Property Description
100% leased, Class A office asset in Niles, Michigan. The Property is located in the Longmeadow Office Park just off US 31 at the Niles-Buchanan Road exit. Measuring approximately 6,064 SF on 1.5 acres, the building is leased to three credit quality tenants, each with long-term history at the property. Built in 2010, the property is one of few Class A options in the Niles-Buchanan market and is an attractive product for investors seeking investment options in Southwest Michigan. The location is ideal for companies looking for a quality space with quick access to the highway system, and offers relatively quick access to poplar business destinations including: South Bend (9 miles), Kalamazoo (68 miles) Grand Rapids (100 miles), Detroit (190 miles) and Chicago (90 miles) from this location.
Location
State MI
County Berrien
Area Niles Twp
Direction Niles-Buchanan Road to Longmeadow Dr.
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Building
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Brick,Frame,Stone,Wood
Schools
School District Niles
Others
Tax ID 111483600005006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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