FORMER BURGER KING - NILES, MICHIGAN

Retail-Commercial for Sale
Catylist Listing ID: 29823349
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 3,735 SF
Gross Land Area: 0.97 Acres
Sale Price: $390,000
Unit Price: $104.42 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former Burger King
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2017

Overview / Comments

AVAILABLE FOR SALE – 3,735 SF former Burger King restaurant on highly visible, lighted corner of S. 11th St./M-51 and E. Bertrand Rd. in Niles, Michigan. This 0.97-acre site (approx. 210’ x 200’) is on a pad site in front of Rural King, adjacent to Fifth Third Bank, and benefits from average daily traffic counts of 22,000+. Features include a drive-thru window, pylon signage, 70+ parking spaces and ingress/egress into Rural King and both streets. Priced well below SEV!

Additional Details

Nearest MSA: Niles-Benton Harbor
County: Berrien
Taxing Authority: Niles, Charter Township of
Tax ID/APN: 11-14-0860-0046-01-1
Zoning: NEIGHBORHOOD COMMERCIAL
Property Located Between: E. Bertrand Road & Ontario Road
Side of Street: East
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: E. Bertrand Road
Traffic/Vehicle Count: 22,900
Transportation: Highway
Highway Access: Property located on M-51 Highway.
Site Description: Pad site in front of Rural King.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1978
Construction/Siding: Stucco, Wood Frame
Parking Type: Surface
Parking Description: 70+ parking spaces.
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 210'
Lot Depth: 200'
Land Ownership: Owned
Legal Description: THAT PT OF BLK 46 VILLAGE OF BERTRAND PLAT OF 1836 DES AS COM 522.7'S & 1247.5'S89 DEG03'19''W OF E1/4 PST SEC 14 T8S R17W TH S89DEG03'19'' W ON SLY LN BERTRAND RD 200.04'TO ELY LN HWY US 31 TH S 0 DEG08'15''W 210'TH S89DEG51'45''E 200'TH N 0DEG 08'15''E 213.78’ TO POB

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,639 26,836 80,171
Median Age: 45.07 43.26 40.82
Households: 1,438 10,725 32,353

Contact

Photograph of Listing Agent

Jodi K. Milks, CCIM

Bradley Company CARWM Member
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