55905 92nd AVE Active Save Request In-Person Tour Request Virtual Tour
Dowagiac,MI 49047
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 63,148 sqft
Price per Sqft $41
MLS Listing ID 66025053371
Year Built 1955
Lot Size 7 Sqft
Property Sub-Type BusinessandRealEstate
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 Vanburen
Area Area80161Hamiltontwp
Interior
Heating ForcedAir, Propane
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected
View Y/N No
Roof Type Metal
Building
Sewer SepticTank
Water Well
New Construction No
Schools
School District Decatur
Others
Acceptable Financing Cash, Conventional, Trade1031Exchange
Listing Terms Cash, Conventional, Trade1031Exchange