52366 M-51, Dowagiac, MI 49047 (MLS # 24058947)

PRICE	$1,888,000
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! 6 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	21	LAST UPDATED	11/12/2024
YEAR BUILT	1955	COMMUNITY	Greater Kalamazoo - K
COUNTY	Van Buren	STATUS	Active
PROPERTY TYPE(S)	Commercial

ADDITIONAL DETAILS
AREA	Greater Kalamazoo - K
CONSTRUCTION	Metal Siding
HEAT	Forced Air
LOT	7.3 acre(s)
LOT DIMENSIONS	Irregular
SEWER	Septic Tank
STORIES	1
TAXES	26804
UTILITIES	Natural Gas Available, Phone Available, Phone Connected, Natural Gas Connected, Electricity Connected
WATER	Private, Well, Public
ZONING	industrial

MORTGAGE CALCULATOR

TERM

SELLING PRICE

DOWN PAYMENT

INTEREST RATE

INSURANCE RATE

MONTHLY TAX

MONTHLY INSURANCE

TOTAL MONTHLY PAYMENT

Principal+Interest

*Estimate only

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

Updated 12/3/24 9:21 AM PST

Information Deemed Reliable But Not Guaranteed.

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