2513-2517 Niles Avenue

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2513-2517 Niles Avenue

St. Joseph, MI 49085
Asking Price
$360K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building spans 3,988 square feet of space.
  • Property is available for purchase at a price of $360,000.
  • Located at 2513-2517 Niles Avenue in St. Joseph, Michigan.
  • Asset is situated in an established commercial submarket area.
  • Space is well-suited for professional offices or administrative operations.

What's Special

Professional service providers and administrative firms can utilize this 3,988-square-foot traditional office space located at 2513-2517 Niles Avenue in St. Joseph, Michigan. The property offers a functional layout suitable for businesses seeking a private office environment within the established St. Joseph submarket. This region of Michigan benefits from its proximity to Lake Michigan, fostering a stable economic environment with consistent demand for commercial workspace. The site is positioned to serve local clientele while providing convenient access to regional transportation corridors. Investors and owner-occupants will find the asset well-positioned for traditional business operations, whether for administrative headquarters, private practice offices, or professional consultancy services. Given its size and layout, the facility accommodates a variety of workplace configurations, allowing for flexibility in floor plan design to meet specific organizational needs within this growing suburban market.

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NOI
$80,000
Cap Rate
22.22%
DSCR
3.74
Strong
Cash-on-Cash
54.28%
Monthly Payment
$1,781.084
Annual Cash Flow
$58,626.997

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