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: 2/16/2026

Overview

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.

Listing Details MLS# 25053371

Location Property Info

County
Van Buren
Street #
55905
Street Name
92nd
Suffix
Avenue
State
MI
Zip Code
49047

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
Yes
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
Homestead %
0

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

More Information

Location & Property Info

Cross Streets
92nd & 56th
Property Sub-Type
Industrial
Area
Greater Kalamazoo - K
Municipality
Hamilton Twp

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
41.96
Prop Avail for Lease?
No

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

Street Type

Paved
Yes
Public
Yes

Property Use

Business
Yes
Investment
Yes
Net Leased (nnn)
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Septic Tank
Yes

Water

Well
Yes

Uses

Distribution
Yes
Manufacturing
Yes

Construction Type

Frame/Wood
Yes

Exterior Material

Metal Siding
Yes

Roofing

Metal
Yes

Heat Source

Propane
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Business Includes

Real Estate
Yes

Additional Features

Multi User Facility
Yes

Util Avail at St

Phone Available
Yes

Tenant Pays All

Electric
Yes
Gas
Yes
Trash
Yes

Driveway

Paved
Yes

Send to Econ Dev Org

MEDC
Yes
SWMI First, Region 5
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes
Tax Def Exchange
Yes

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
IDX
Last Updated: February - 16 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.