Discover the perfect blend of historic elegance and modern peace of mind at 316 N. 5th St., a stunning two-story brick masterpiece located right in the heart of Niles, Michigan. This home radiates 'old-world' character, featuring a massive wrap-around porch that invites you to relax and soaring main-level ceilings that create an airy, grand atmosphere. Inside, you will find gorgeous solid wood trim work preserved throughout the home, highlighting a level of craftsmanship rarely seen today. While it maintains its timeless charm, this property has been extensively updated in 2025 to offer a truly turn-key experience for its next owner. The list of recent upgrades ensures total confidence, including a brand-new roof installed in 2024 and comprehensive 2025 updates to the electrical system, plumbing lines, and interior finishes. Each room features new radiators for efficient comfort, and the entire interior has been refreshed with new paint. The heart of the home is the updated kitchen, which comes complete with appliances that stay with the property. With three spacious bedrooms and a beautifully finished layout, the home is as functional as it is aesthetic, providing a cozy sanctuary with all the benefits of a modern renovation. Beyond its beauty as a residence, this property offers incredible versatility due to its location within the Commercial Business Zoning district. With approval from the City of Niles, this space could easily transition into a boutique, office, or studio, supported by a convenient downtown location and plenty of room for parking. Whether you are looking for a move-in-ready home with character or a high-visibility location for your next venture, this unique brick property offers the best of both worlds in a prime, walkable location.