$2,650,000

55905 92nd Avenue, Dowagiac, MI 49047

  • 63,148 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon7.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $42/sqft
  • Property List Date Icon Listed 21 days ago

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.

Listing Status:
Active
Listing Office:
O'Brien Real Estate : 269-381-6470
Listing Agent:
Pat O'Brien :
MLS ID:
70500030
  • Heating: Forced Air
  • Roofing: Metal
  • General: FrameMetal SidingWood Siding
  • Road/Access: City/County
  • Originating MLS: MiRealSource
  • County: Van Buren
  • Zoning: see documents
  • Source: MiRealSource

This listing courtesy of Pat O'Brien, O'Brien Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Davis Elementary School

409 N Phelps St, Decatur, MI, 49045

Grades KG-5

5.90 miles away

D

Decatur Jr Sr High School

110 Cedar St, Decatur, MI, 49045

Grades 6-12

5.85 miles away

D

Decatur Jr Sr High School

110 Cedar St, Decatur, MI, 49045

Grades 6-12

5.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.