55905 92nd Avenue new Save Request In-Person Tour Request Virtual Tour
Dowagiac,MI 49047
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 63,148 sqft
Price per Sqft $41
MLS Listing ID 25053371
Full Baths 3
Year Built 1955
Annual Tax Amount $27,413
Tax Year 2023
Lot Size 7.300 Acres
Property Sub-Type 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 Greater Kalamazoo - K
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
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
Acceptable Financing Conventional,Tax Def Exchange,Cash
Listing Terms Conventional,Tax Def Exchange,Cash