Dowagiac, MI 49047,55905 92nd AVE
Dowagiac, MI 49047,55905 92nd AVE
Dowagiac, MI 49047,55905 92nd AVE
9
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$2,650,000
Est. payment /mo
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3 Baths
63,148 SqFt
Active

55905 92nd AVE Dowagiac, MI 49047

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Ron Otto

Ron Otto

Motus Real Estate

+1(989) 370-1245

UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 63,148 sqft

Price per Sqft $41

MLS Listing ID 66025053371

Year Built 1955

Lot Size 7.300 Acres

Acres 7.3

Property Sub-Type BusinessandRealEstate

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 Area80161Hamiltontwp

Interior

Heating Forced Air, Propane

Fireplace No

Exterior

Parking Features Paved

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected

View Y/N No

Roof Type Metal

Building

Sewer Septic Tank

Water Well

New Construction No

Schools

High Schools Decatur

School District Decatur

Others

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange


Realcomp MLS
Listed by Pat O'Brien of O'Brien Real Estate

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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55905 92nd AVE