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$975,000 Just Listed

  • For Sale
  • Active
  • Commercial Recreational
  • 11,696 Sq. Ft.
  • Updated 2 days ago
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Over 11,000 sq. ft. of finished and fully occupied space plus almost 9,000 sqft of clean basement space in a historic building in downtown Niles, MI offers a prime investment opportunity. The main floor is leased to a successful gym, ensuring steady traffic and income. Two upstairs units are rented as long-term residential properties, providing additional income stability. With a remodel taking place in 2022 and a 100% occupancy rate, this property is a solid income generator with potential for long-term growth.

Full Property Details for 115 E Main St

General

  • Price: $975,000
  • Taxes: $3,720
  • Status: Active
  • Type: Commercial Recreational
  • Source: SWMRIC_MLS
  • MLS ID: 25055090
  • Updated: 3/5/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Other, Recreation

Interior

  • Interior Features: Broadband

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Location

  • Area: Southwestern Michigan - S
  • County: Berrien
  • Cross Streets: Front

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning, Wall Unit(s)
  • Heating Type: Forced Air

Utilities

  • Cable Available: Yes
  • Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Roof: Rubber
  • Stories/Levels: 11352
  • Square Feet: 11,696
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,913
  • Lot Dimensions: 68 x 131

Financial Considerations

  • Tax Amount: $3,720
  • Terms: Conventional, Cash
  • Tenant Pays: Electricity, Gas, Janitorial, Trash

Disclosures and Reports

  • Ownership: LLC
  • Legal Description: LOT 3 WILLIAM JUSTICE PLAT CITY OF NILES
  • Property ID: 11-72-3920-0003-00-8

Listed by The Home Source Group, Joseph F Williams

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Listing agent

— 115 E Main St —

  • Joseph F Williams

    The Home Source Group

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 115 E Main St

School District:Niles Community School District
NameGradesDistance
Ballard Elementary School
1601 West Chicago Road, Niles, MI 49120
K-51.5 mi
Ring Lardner Middle School
801 North 17th Street, Niles, MI 49120
7-81.3 mi
Niles Senior High School
1441 Eagle Street, Niles, MI 49120
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 115 E Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/27/2025
Listed
$975,000
633.08%
MLS
9/30/2021
Sold
$133,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 115 E Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,720
5%
$85,600
2%
2023
$3,553
5%
$83,800
10%
2022
$3,396
129%
$76,300
26%
2021
$1,484
1%
$60,600
86%
2020
$1,467
1%
$32,500
9%
2019
$1,446
2%
$29,900
20%
2018
$1,413
-1%
$24,900
—
2017
$1,429
-39%
$24,900
-2%
2016
$2,334
—
$25,300
-56%
2015
$2,327
—
$57,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by The Home Source Group, Joseph F Williams

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115 E Main Street, Niles, MI 49120 (MLS# 25055090) is a Commercial Recreational property. 115 E Main Street is currently listed for $975,000 and was received on March 05, 2026. Want to learn more about 115 E Main Street? Do you have questions about finding other Commercial Recreational real estate for sale in Niles? You can browse all Niles real estate or contact a Coldwell Banker agent to request more information.

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