Commercial workshop with apartment

Office for Sale
Catylist Listing ID: 30835408
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 5,849 SF
Gross Building Area: 7,149 SF
Gross Land Area: 10,232 SF
Sale Price: $295,000
Unit Price: $50.44 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/3/2023

Overview / Comments

Prime location with high visibility on S. 11th St. This quality built 2-unit building provides 4,500 sq ft of commercial office and workshop space along with an attached 2-bedroom 2 bath 1,300 sq ft apartment with separate entrance. Great opportunity for business owner with onsite living or lease both units out for investment income.
The commercial space offers 700+ sq ft retail/office space with electric hot water and forced air gas heat. The 3,700+ sq ft workshop/warehouse space has one 8’ overhead door at the front plus a 12’ overhead door on the side to access. Workshop has 13’ ceilings, smooth cement floors, one restroom, three phase electric, radiant gas heat and 8 parking spaces.
The 2 bed 2 bath apartment is turnkey and offers 1,300 sq ft of finished living space with custom cabinets, built-in bookcase, hardwood trim and finishes throughout, solid wood doors plus full basement and a 3rd bath. Complete with washer, dryer, refrigerator, gas stove, microwave and dishwasher.

Additional Details

Nearest MSA: Niles
County: Berrien
Taxing Authority: Niles Township
Tax ID/APN: 11-14-2360-0038-00-9
Zoning: GB-GENERAL BUSINESS
Property Located Between: Fulkerson Rd and McKee St
Property Visibility: Excellent
Highway Access: 2 miles to US 12. 5 miles to US 31. 5 miles to Interstate 80/90.
Airports: South Bend International 15 miles
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1999
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Parking Type: Surface
Total Parking Spaces: 8
Heat Type: Natural Gas
Heat Source: Central, Radiant
Air Conditioning: Other
Internet Access: Cable
Lot Frontage: 70
Lot Depth: 150
Water Service: Well
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Land Ownership: Owned
Legal Description: ENTIRE LOT 38 & THE N 15' OF LOT 39 SUPERVISOR'S REPLAT OF FRIDAY BROTHERS SUBDIVISION

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,476 24,950 74,514
Median Age: 39.96 42.23 41.5
Households: 1,356 9,835 30,651

Contact

Photograph of Listing Agent

Jason Skene

RE/MAX Modern Realty Inc
CPIX Member
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