realsimpli

$2,650,000

Active

55905 92nd Avenue, Dowagiac, MI 49047

3 baths

Lot
7.30 acres
Built
1955
Type
Industrial
On market
308 days
DescriptionShow

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.

Facts & features

Interior3
Bathrooms
3
Full baths
3
Stories
1
Heating, cooling & utilities4
Heating
Forced Air
Water source
Well
Sewer
Septic Tank
Utilities
Phone Available, Phone Connected, Natural Gas Connected, Electricity Connected
Exterior & construction4
Lot size
7.30 acres
Construction
Metal Siding
Roof
Metal
Year built
1955
Property details7
Type
OTHER
Sub-type
Industrial
County
Van Buren
Parcel #
80-10-032-004-01
Days on market
308
MLS #
25053371
Status
Active

District: Decatur

No individual schools were listed for this home.

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

Price & tax historyShow
  1. No recorded history for this property.

Listing courtesy of O'Brien Real Estate · Pat O'Brien

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