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$ 1,888,000
Est. payment /mo
Active
52366 M-51 Dowagiac, MI 49047
3 Baths
63,148 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 63,148 sqft
Price per Sqft $29
MLS Listing ID 66024058947
Year Built 1955
Lot Size 7.300 Acres
Acres 7.3
Property Sub-Type BusinessandRealEstate
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
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
High Schools Decatur
School District Decatur
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2025 Realcomp II Ltd. Shareholders
Listed by Pat O'Brien of O'Brien Real Estate
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