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
Est. payment /mo
3 Baths
63,148 SqFt
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 63,148 sqft

Price per Sqft $41

Municipality Hamilton Twp

MLS Listing ID 25053371

Full Baths 3

Year Built 1955

Annual Tax Amount $27,413

Tax Year 2023

Lot Size 7.300 Acres

Acres 7.3

Lot Dimensions Irregular

Property Sub-Type Industrial

Source Michigan Regional Information Center (MichRIC)

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 Greater Kalamazoo - K

Direction M-51 Highway to 92nd st. property is at 56th St & 92nd St

Interior

Heating Forced Air

Inclusions Real Estate

Exterior

Utilities Available Phone Available, Phone Connected, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Metal

Street Surface Paved

Building

Building Description Metal Siding, Multi User Facility

Sewer Septic Tank

Water Well

Structure Type Metal Siding

New Construction No

Schools

School District Decatur

Others

Tax ID 80-10-032-004-01

Acceptable Financing Conventional, Tax Def Exchange, Cash

Listing Terms Conventional, Tax Def Exchange, Cash


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Listed by O'Brien Real Estate

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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