55905 92nd Avenue, Dowagiac, MI 49047

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List Price
$2,650,000
Days on Market
287
MLS#
25053371
Status
ACTIVE
Type
Commercial
Bathrooms
3
Full-baths
3
Neighborhood
Greater Kalamazoo - K

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.

Additional Information

Taxes
$27,413
Acres
7.30
Heating
Forced Air
Roofing
Metal
School District
Decatur
Sewer
Septic Tank
Tenant Pays
Electricity, Trash Collection, Gas
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Phone Available
Water
Well

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Pat O'Brien from Listing Office: O'Brien Real Estate.

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