55905 92nd Ave, Dowagiac, MI 49047

Building Details

Year Built

1955

Listing office O'Brien Real Estate p**@obriensoldmine.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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Overview

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.

Suggested Use

Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Dowagiac

County

Cass

State

Michigan

Longitude

-86.0881

Latitude

42.085

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FAQs

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.