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52366 M-51

Dowagiac, MI 49047
  • $1,888,000
  • STATUS: Active
  • ON SITE: 237 Days
  • MLS #: 24058947
UPDATED: 11 min ago
$1,888,000
  • 0
    BEDS
  • 7.3
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:

School Ratings & Info

School District:

Description

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! 6 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres

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© 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2025-07-08T07:34:11.353.
www.bhhssnyder.com/homes/157777202
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52366 M-51 Dowagiac, MI 49047

  • Price: $1,888,000
  • Status: Active
  • On Site: 237 Days
  • Updated: 11 min ago
  • MLS #: 24058947
0
Beds
3
Baths
0
½ Baths
7.3
Acres
1955
Built
Neighborhood:
Hamilton Twp
County:
Van Buren
School District:
Decatur
Property Description
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! 6 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres
Exterior Features

Construction Materials Metal Siding Driveway Paved YN Yes Foundation Details [] Road Surface Type Paved Roof Metal Waterfront Features [] Waterfront YN No

Interior Features

Building Features Multi User Facility Cooling [] Heating Forced Air Heating YN Yes Interior Features []

Property Features

Auction Or For Sale For Sale Business Type DistributionManufacturing Cross Street 92nd & 56th Inclusions Real Estate Lease Considered YN No Listing Terms ConventionalCash New Construction YN No Property Sub Type Industrial Sewer Septic Tank Tax Annual Amount 26804 Tax Year 2023 Tenant Pays ElectricGasTrash Utilities Phone AvailablePhone ConnectedNatural Gas ConnectedElectricity Connected Water Source Well Zoning industrial

Listing provided courtesy of Pat O'brien of O'Brien Real Estate: 269-381-6470. © 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.


© 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2025-07-08T07:34:11.353.
 
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Berkshire Hathaway HomeServices Snyder & Company, Realtors®
2655 Plymouth Road
Ann Arbor MI, 48105
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