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55905 92nd Avenue Dowagiac, MI 49047
63,148 SqFt
UPDATED:
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by O'Brien Real Estate