55905 92nd Avenue, Dowagiac, MI 49047
55905 92nd Avenue, Dowagiac, MI 49047
55905 92nd Avenue, Dowagiac, MI 49047
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$2,650,000
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63,148 SqFt
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55905 92nd Avenue Dowagiac, MI 49047

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Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 63,148 sqft

Price per Sqft $41

Subdivision Mi

MLS Listing ID 70500030

Year Built 1955

Annual Tax Amount $27,413

Tax Year 2025

Lot Size 7.300 Acres

Acres 7.3

Lot Dimensions Irregular

Property Sub-Type Commercial/Industrial

Property Description

Incredible Triple Net Industrial Property with Lease through 2039 and over 2.4 Million in scheduled rent! Long term business since 1930's operating with sale leaseback Leased thru thru 2039. Gross Potential rent of over 172K with annual 2 % increases. Owner will cooperate with tax deferred exchanges! Additional 5 year option option available. 63,000 s.f .total with a total of 7.1 acres. Rare triple net opportunity with established long term business.

Location

State MI

County Van Buren

Area Hamilton Twp (80010)

Zoning Industrial

Interior

Heating Forced Air

Exterior

Roof Type Metal

Building

Structure Type Frame,Metal,Wood

Others

Energy Description LP/Propane Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by O'Brien Real Estate

NEARBY SCHOOL & BUSINESS

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Morgan Beilfuss

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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55905 92nd Avenue