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
55905 92nd Avenue, Dowagiac, MI 49047
$2,650,000
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
Cross Streets: 92nd & 56th
Property Sub-Type: Industrial
Municipality: Hamilton Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 41.96
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: Irregular
Road Frontage: 542
Waterfront: No
Year Remodeled: 2008
Total # Units: 2
Total # Bldgs: 3
# Fin Bldg Lvls: 1
Total SqFt: 63148
Property Use Type: Investment
School District: Decatur
Lot Measurement: Acres
Lot Acres: 7.3
Lot Square Footage: 317988
Year Built: 1955
Full Baths: 3
Tax Info
Taxable Value: 630600
SEV: 630600
For Tax Year: 2023
Seller's Annual Property Tax: 27413.5
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None known
Zoning: industrial
Tax ID #: 80-10-032-004-01
Remarks & Misc
Public Remarks: 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.
Legal: see documents
Additional Details
# Loading Docks/Well: 4
Ceiling Height: 18
Street Type
Paved: 1
Public: 1
Property Use
Business: 1
Investment: 1
Net Leased (nnn): 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Septic Tank: 1
Water
Well: 1
Uses
Distribution: 1
Manufacturing: 1
Construction Type
Frame/Wood: 1
Exterior Material
Metal Siding: 1
Roofing
Metal: 1
Heat Source
Propane: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Business Includes
Real Estate: 1
Additional Features
Multi User Facility: 1
Util Avail at St
Phone Available: 1
Tenant Pays All
Electric: 1
Gas: 1
Trash: 1
Driveway
Paved: 1
Send to Econ Dev Org
MEDC: 1
SWMI First, Region 5: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Tax Def Exchange: 1
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
Remarks Misc
Directions: M-51 Highway to 92nd st. property is at 56th St & 92nd St
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
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