$2,650,000
Dowagiac, MI 49047
MLS# 25053371
63148 sqft
1 / 9
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.
Details
Maps
Location Property Info
County: Van Buren
Street #: 55905
Street Name: 92nd
Suffix: Avenue
State: MI
Zip Code: 49047
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $2,650,000
List Price: $2,650,000
Listing Date: 2025-10-16
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 7.3
Lot Square Footage: 317988
Lot Dimensions: Irregular
Year Built: 1955
Road Frontage: 542
Year Remodeled: 2008
Total # Units: 2
# Fin Bldg Lvls: 1
Total # Bldgs: 3
Total SqFt: 63148
Property Use Type: Investment
Full Baths: 3
Waterfront: No
School District: Decatur
Tax Info
Tax ID #: 80-10-032-004-01
Taxable Value: 630600
SEV: 630600
For Tax Year: 2023
Seller's Annual Property Tax: 27413.5
Tax Year: 2025
Spec Assessment & Type: None known
Zoning: industrial
Remarks Misc
Directions: M-51 Highway to 92nd st. property is at 56th St & 92nd St
Additional Details
# Loading Docks/Well: 4
Ceiling Height: 18
Property Features
Property Use: Business; Investment; Net Leased (nnn)
Uses: Distribution; Manufacturing
Business Includes: Real Estate
Construction Type: Frame/Wood
Exterior Material: Metal Siding
Roofing: Metal
Additional Features: Multi User Facility
Tenant Pays All: Electric; Gas; Trash
Sewer: Septic Tank
Water: Well
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Phone Available
Heat Source: Propane
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional; Tax Def Exchange
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Listing Office: O'Brien Real Estate
Listing Agent: Pat O'Brien
Last Updated: October - 16 - 2025
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