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
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