Seller represented by:
Pat O'Brien with O'Brien Real Estate

55905 92nd Avenue
  • Active
  • Industrial

55905 92nd Avenue, Dowagiac, MI 49047 55905 92nd Avenue Get directions

$1,890,000
3 Baths 63,148 Sq.ft. 7.30 Acre Lot
  • Age 69 Years
  • MLS# 23144901
  • Listed December 14, 2023

Overview

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.

Features

Fireplaces

  • 3 Fireplace(s) Total
  • Has Firepace: Yes

Lot

  • 7.3 acres
  • Lot Size: 317988 sq ft
  • Lot Size Area: 7.3
  • Lot Size Dimensions: Irregular

Garage and Parking

  • Paved

Property

  • Waterfront: No

Construction Details

  • Metal

Utilities

  • Natural Gas Available
  • Phone Available
  • Phone Connected
  • Natural Gas Connected

Sewer

  • Septic Tank

Water Source

  • Well
  • Public

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