Fisher Building | 306 E Main St
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Fisher Building 306 E Main St
16,000 SF Vacant Office Building Niles, MI 49120 $495,000 ($31/SF)
Investment Highlights
- located in Downtown Niles, MI with high visibility.
- Versatile spaces suitable for a wide range of businesses for back office or customer facing options.
Executive Summary
Nearly 16,000 sqft of occupied multi tenant commercial space located in Downtown Niles, MI. The versatile spaces are suitable for a wide range of businesses for back office or customer facing options. This location can be your next strategic move with high visibility or an opportunity to elevate your current investment portfolio. Set up an viewing of this property. For an owner user or additional rentals there are currently 2 open office spaces.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
16,000 SF
Building Class
B
Year Built/Renovated
1800/2008
Price
$495,000
Price Per SF
$31
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,274 SF
Building FAR
2.30
Land Acres
0.16 AC
Opportunity Zone
Yes
Zoning
C
Amenities
- Banking
- Day Care
- Food Service
- Restaurant
- Signage
- High Ceilings
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 2nd Floor
- 200 SF
- Office
- Full Build-Out
- Now
- 2nd Floor
- 200-1,200 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 200 SF | Office | Full Build-Out | Now |
| 2nd Floor | 200-1,200 SF | Office | - | Now |
2nd Floor
| Size |
| 200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 200-1,200 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $173,800 (2024) | |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$173,800 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
-
Joseph Williams -
The Home Source Group
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Fisher Building | 306 E Main St
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