Industrial Property with Long-Term
For Sale
$2,650,000
55905 92nd Ave, Dowagiac, MI 49047
Industrial property with lease through 2039 and scheduled rent.
Property Size63,000 SF
Lot Size7.30 Acres
Price / SF$42.06
Days on Market164
Property Features for 55905 92nd Ave
General Information
Standard status
Active
Size
63,000 SF
Lot size
7.30 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$27,413
Building Details
Year Built
1955
Units
2
Listing Agency:
O'Brien Real Estate
(269) 381-6470
Listed By:
Pat O'Brien · License #6502102326
(269) 381-6470
Source:
Elliman
Added: Mar 11
Changed: Aug 14
Last Checked: Aug 20 at 9:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of O'Brien Real Estate
Investment Insights
Based on property information with market context.
This industrial property features a long-term lease through 2039, with over $2.4 million in scheduled rent. The business operating on the property has been established since the 1930s and is operating with a sale-leaseback agreement. The gross potential rent is over $172,000, with annual increases of 2%. An additional 5-year option is available. The property encompasses a total of 63,000 square feet and sits on 7.1 acres. This triple net opportunity features an established long-term business.
Key Highlights
- Lease in place through 2039, providing long‑term income.
- Over $2.4 Million in scheduled rent.
- Triple Net (NNN) lease structure.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 49047, MI
14,541
Population
8,205
Households
1.8
Avg Household Size
41
Median Age
21%
College-Educated
89%
High-School Grad
119.3 sq mi
ZIP Area
122
Density / Sq Mi
$55,469
Median Household Income
$38,033
Median Earnings
$750
Median Rent
$182,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property with lease through 2039 and scheduled rent.
Where is this industrial property located?
The property is located at 55905 92nd Ave Dowagiac, MI.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Lease in place through 2039, providing long‑term income.; Over $2.4 Million in scheduled rent.; Triple Net (NNN) lease structure.
