55905 92nd Avenue, Dowagiac, MI 49047 (MLS# 25053371)

55905 92nd Avenue, Dowagiac, MI 49047

$2,650,000

Property Type: Commercial Sale Square Footage: 63,148 Lot Size (sq. ft.): 317,988 Status: Active

Current Price: $2,650,000 List Date: 10/16/2025 Last Modified: 10/16/2025

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.

More Information MLS# 25053371

Location Property Info

County: Van Buren Street #: 55905 Street Name: 92nd Suffix: Avenue State: MI Zip Code: 49047 Area: Greater Kalamazoo - K

OfficeContract Info

Status: Active Current Price: $2,650,000 List Price: $2,650,000 Listing Date: 2025-10-16

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 7.3 Lot Square Footage: 317988 Lot Dimensions: Irregular Year Built: 1955 Road Frontage: 542 Year Remodeled: 2008 Total # Units: 2 # Fin Bldg Lvls: 1 Total # Bldgs: 3 Total SqFt: 63148 Property Use Type: Investment Full Baths: 3 Waterfront: No School District: Decatur

Tax Info

Tax ID #: 80-10-032-004-01 Taxable Value: 630600 SEV: 630600 For Tax Year: 2023 Seller's Annual Property Tax: 27413.5 Tax Year: 2025 Spec Assessment & Type: None known Zoning: industrial

Remarks Misc

Directions: M-51 Highway to 92nd st. property is at 56th St & 92nd St

Additional Details

# Loading Docks/Well: 4 Ceiling Height: 18

Property Features

Property Use: Business; Investment; Net Leased (nnn) Uses: Distribution; Manufacturing Business Includes: Real Estate Construction Type: Frame/Wood Exterior Material: Metal Siding Roofing: Metal Additional Features: Multi User Facility Tenant Pays All: Electric; Gas; Trash Sewer: Septic Tank Water: Well Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Phone Available Heat Source: Propane Heat Type: Forced Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional; Tax Def Exchange Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5

Listing Office: O'Brien Real Estate

Listing Agent: Pat O'Brien

Last Updated: October - 16 - 2025

55905 92nd Avenue, Dowagiac, MI 49047- MLS# 25053371

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