7.3 Acres of Improved Commercial Land for Sale in Dowagiac, Michigan

55905 92nd Ave, Dowagiac, MI 49047

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7.3 Acres of Improved Commercial Land for Sale in Dowagiac, Michigan
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Property
$1,890,000
7.3 acres
Active sale agoEst $12,318/mo

Investment Opportunity with Triple Net Industrial Lease! Gross Potential rent of over 175K with annual 2 % increases. Cap rate over 8%. Owner will cooperate with tax deferred exchanges! 8 years left on current lease with options for 10 more years.

63,000 s.f .total with a total of 7.1 acres.

63,148
Sq feet
3
Full baths
1955
Built

Directions

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

Property details

County
Van Buren County
Coordinates
42.0844, -86.0879
Community
Greater Kalamazoo - K
Zoning
industrial
Elevation
781 feet
MLS Number
GRAR 23144901
Date Listed

Parcels

  • 801003200401

Property taxes

2023
$24,652

This 7.3-acre property is located at 55905 92nd Ave in Dowagiac, MI 49047 with latitude 42.0844 and longitude -86.0879. The property is currently available for sale for $1,890,000. It has a 63,148 sq ft structure built in 1955. Listing data is sourced from Grand Rapids Association of Realtors # 23144901.

Verify sale details at the property source or contact O'Brien Real Estate at (269) 381-6470.

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Listing checked and updated . Parcel data by Regrid.

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Land for sale in Dowagiac, MI