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Shopping Community

Belle Plaza

1900 S 11th St, Niles, MI 49120

Listing Price: $4,990,000

Cap Rate
7.55%
Gross SF
61,519
Rentable SF
61,519
Price/Gross SF
$81.11
Lot Size
7.63 acres
Year Built
1976

Investment Overview

61,519-square-foot Plaza located at the signalized intersection of SR-51 & Bell Road in Niles. Michigan. Value-add plaza with 29 percent vacancy and potential pad sites for redevelopment. Dollar General anchor. Across from new Aldi.

Investment Highlights

  • Value-Add Plaza Near Walmart and Lowe's - 29 Percent Vacancy & Pad Sites
  • Located on SR-51 (ADTC- 25,893) Near US-12 Interchange in Niles, MI, neighboring South Bend, IN
  • At Signalized Intersection Across from New Aldi (open November 2025)

Exclusively Listed By

Financing By

Shopping Community

Belle Plaza

Listing Price: $4,990,000

Cap Rate
7.55%
Gross SF
61,519
Rentable SF
61,519
Price/Gross SF
$81.11
Lot Size
7.63 acres
Year Built
1976

Investment Highlights

  • Value-Add Plaza Near Walmart and Lowe's - 29 Percent Vacancy & Pad Sites
  • Located on SR-51 (ADTC- 25,893) Near US-12 Interchange in Niles, MI, neighboring South Bend, IN
  • At Signalized Intersection Across from New Aldi (open November 2025)

Investment Overview

61,519-square-foot Plaza located at the signalized intersection of SR-51 & Bell Road in Niles. Michigan. Value-add plaza with 29 percent vacancy and potential pad sites for redevelopment. Dollar General anchor. Across from new Aldi.

Exclusively Listed By

Financing By

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