55905 92nd Avenue, Dowagiac, MI 49047 (MLS # 23144901)

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PRICE $1,890,000 dsIDX morgage calculator
SIZE 63,148 sqft
LOT SIZE 7.30 ac

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.

DAYS ON MARKET 157 LAST UPDATED 12/14/2023
YEAR BUILT 1955 COMMUNITY Greater Kalamazoo - K
COUNTY Van Buren STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Greater Kalamazoo - K
BUYER'S BROKERAGE COMPENSATION 1.00
CONSTRUCTION Metal Siding
FIREPLACE Yes
LOT 7.3 acre(s)
LOT DIMENSIONS Irregular
PARKING Paved
SEWER Septic Tank
STORIES 1
TAXES 24652.2
UTILITIES Natural Gas Available, Phone Available, Phone Connected, Natural Gas Connected
WATER Well, Public
ZONING industrial
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by O'Brien Real Estate, Pat O'Brien

Copyright 2024 MichRIC, LLC. All rights reserved.

Updated 5/18/24 10:15 PM PDT

Information Deemed Reliable But Not Guaranteed.

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