Niles, MI 49120,501 Grant Street
Niles, MI 49120,501 Grant Street
Niles, MI 49120,501 Grant Street
$295,000
Est. payment /mo
Est.Price: ?

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2 Baths
12,896 SqFt
SOLD DATE : 08/30/2024

Key Details

Sold Price $295,000

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 12,896 sqft

Price per Sqft $22

Municipality Niles City

MLS Listing ID 24037375

Sold Date 08/30/24

Full Baths 2

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1953

Tax Year 2024

Lot Size 10,007 Sqft

Acres 0.23

Lot Dimensions Irregular

Property Description

The former Grace United Methodist Church in the heart of Niles, Michigan, stands as an historic gem now available for sale, offering a unique blend of architectural grandeur and versatile potential. This two-story building with a basement spans approximately 12,896 square feet and is set on a generous 0.91-acre lot at the prominent intersection of Grant and Lincoln. Zoned for both commercial and residential use, it presents a rare opportunity for adaptive reuse, potentially transforming into a commercial or residential establishment. Detailed floor plans drafted by the current owner cater to a variety of potential uses, including a proposed brew pub or restaurant. The property has secured city approval for a brewery, distillery tasting room, and wine tasting room, with an approved site plan that includes an outdoor patio, promising a vibrant setting for community engagement and entertainment. Stepping inside, visitors are greeted by the majestic sanctuary, capable of seating over 250 individuals, adorned with historic charm and tranquil ambiance. The building also features a comprehensive set of amenities, including a fully equipped kitchen, a sound system, social gathering spaces, a nursery, and ample parking for up to one hundred vehicles. Another notable feature of the property is the approved 10-year tax abatement, guaranteeing a 10-year freeze on property taxes, making it an attractive investment opportunity. The stately building not only preserves the dignity of its historical origins but also invites imaginative redevelopment, offering a rare blend of heritage and functionality for a rare residential and commercial opportunity. plan that includes an outdoor patio, promising a vibrant setting for community engagement and entertainment. Stepping inside, visitors are greeted by the majestic sanctuary, capable of seating over 250 individuals, adorned with historic charm and tranquil ambiance. The building also features a comprehensive set of amenities, including a fully equipped kitchen, a sound system, social gathering spaces, a nursery, and ample parking for up to one hundred vehicles. Another notable feature of the property is the approved 10-year tax abatement, guaranteeing a 10-year freeze on property taxes, making it an attractive investment opportunity. The stately building not only preserves the dignity of its historical origins but also invites imaginative redevelopment, offering a rare blend of heritage and functionality for a rare residential and commercial opportunity.

Location

State MI

County Berrien

Area Southwestern Michigan - S

Direction Property is located at the corner of Grant & Lincoln.

Interior

Heating Hot Water

Exterior

Utilities Available Phone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected

View Y/N No

Building

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction No

Schools

School District Niles

Others

Tax ID 11-74-1600-0002-00-6

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Listed by Coldwell Banker Realty

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agent

Kaitlyn Mariuz

+1(616) 403-6519

Agent | License ID: 6501446335

Agent License ID: 6501446335

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