Improved Commercial Land for Sale in Dowagiac, Michigan

52366 M-51 Dowagiac, MI 49047

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7.3 Acres of Improved Commercial Land for Sale in Dowagiac, Michigan
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$1,888,000
7.3 acres
Active sale agoEst $12,080/mo

Investment Opportunity with Triple Net Industrial Lease! Gross Potential rent of over 175K with annual 2 % increases. Cap rate over 8%. Owner will cooperate with tax deferred exchanges! 6 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres

63,148
Sq feet
3
Full baths
1955
Built

Directions

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

Location

Street Address
52366 M-51
County
Van Buren County
Community
Greater Kalamazoo - K
School District
Decatur
Elevation
745 feet
Coordinates
42.0364, -86.1084
Land for sale in Michigan

Property details

Zoning
industrial
MLS Number
GRAR 24058947
Date Posted

Property taxes

2023
$26,804

Parcels

  • 80-10-032-004-01

This 7.3-acre property is located at 52366 M-51 in Dowagiac, MI 49047 with latitude 42.0364 and longitude -86.1084. The property is currently available for sale for $1,888,000. It has a 63,148 sq ft structure built in 1955. Listing data is sourced from Grand Rapids Association of Realtors # 24058947.

Verify sale details at the property source or contact O'Brien Real Estate at (269) 381-6470.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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