1120 Ontario Road
Niles, MI, 49120 $ 550,000
Baths2.0 Monthly Estimate*
$ 3,294
Studio
for $550,000 with 2 full baths. This building was built in 1980 on a lot size of 0.9.
LOCATION, LOCATION! Located on a well traveled road in Niles, just 10 minutes from Notre Dame, this well-established and profitable business is a turnkey family-owned skating rink that has been a pillar of the community for over 40 years. It boasts a spacious skate floor, which is only eight years old, providing ample space for skaters of all skill levels. Additionally, there is a beginner room with snap flooring, catering to those who are new to skating. The rink underwent significant updates in 2024. The lockers and walls were repainted, and new carpeting and flooring was added throughout, as well as an all new sound system. Furthermore, all equipment, including fridges, freezer, nacho machine, and supplies are included, ensuring a seamless and high-quality experience for customers. The rink also comes equipped with over 600 sets of roller skates, LED lighting, strobes, and globes, creating an exciting and vibrant atmosphere. The back building of the rink is entirely new, featuring new carpeting, drywall, paint, lights, an electric panel, pex plumbing, new heating, a new hot water heater, a new sewer system, a kitchen, and two office rooms, including a bathroom. This well-maintained facility also offers a nice-sized parking lot for the convenience of visitors. The rink is not only a recreational venue but also provides lessons every Saturday, catering to skaters who want to improve their skills. Additionally, it hosts numerous parties, club meets and events that are consistently booked, with an average of 180 to 200 visitors per night, in addition to private parties. It's important to note that the sale of the business excludes the large displayed roller skate and the generator. Overall, this turnkey family-owned skating rink has established itself as a profitable business and a beloved community hub for skaters of all ages and skill levels.
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FeaturesGeneralSewer Public Sewer
Heating Baseboard Space Heater
Cooling Wall Unit(s)
Utilities Phone Available Water Available Cable Available Natural Gas Connected Electricity Connected
Possession Negotiable
Roof Metal
Construction Materials Metal Siding
Year Built 1980
Township Niles Twp
Property SubType Business
Tax Year 2023
Business Type Other Recreation
County Berrien
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Active
Directions US12 to Bond St to Ontario
City Niles
High School District Brandywine
NumberOfUnitsTotal 1
MLS Area Battle Creek - B
Lot Size Units Acres
Lot Size Square Feet 39204.0
Waterfront Y/N N
Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 6509.81
Lease Renewal Y/N N
MLS Area Minor Battle Creek - B
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 57
Standard Status Active
Tax Assessed Value 138035
Ownership Type Corporation
Legal Description COM 864.6'W OF NE COR FRL SEC 23 T8S R17W TH S1DEG22'E 266'TH W 152.62'TH N 0 DEG53'45''E 265.96' TH E 142.55'TO POB
Senior Community None
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ExteriorWater Source Public
Inclusions Real Estate Inventory Equipment
Lot Size Area 0.9
Number of Buildings 1
Spa N
Building Area Total 13776.0
Lot Dimensions 287x138
Lot Size Acres 0.9
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Electric On Property Y/N N
Total Baths 2
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* Excluded FeaturesList ByFive Star Real Estate - IthacaBroker
fivestarmoveswithLisa@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,294
- Monthly Property Taxes
- $542
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Niles, MI
Average List Price $515,853
Percent of Sale Price 6%
About Niles, MI 11,146 Population
-7% Since 2002
$ 33,845 Median Income
38.04 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
249387 Elementary School
249504 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
7/23/2024 | $550,000 | | Listed Price |