MI > Dowagiac > Mi
Dowagiac, MI 49047,52366 M-51
Dowagiac, MI 49047,52366 M-51
Dowagiac, MI 49047,52366 M-51
Dowagiac, MI 49047,52366 M-51
Dowagiac, MI 49047,52366 M-51
Dowagiac, MI 49047,52366 M-51
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 1,888,000
Est. payment | /mo

63,148 SqFt

Save
$ 1,888,000
Est. payment | /mo
Save

63,148 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 63,148 sqft

Price per Sqft $29

Subdivision Mi

MLS Listing ID 70441395

Year Built 1955

Annual Tax Amount $26,804

Tax Year 2023

Lot Size 7.300 Acres

Acres 7.3

Lot Dimensions Irregular

Property Sub-Type Commercial/Industrial

Property Description

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

Location

State MI

County Van Buren

Area Hamilton Twp (80010)

Zoning Industrial

Interior

Heating Forced Air

Exterior

Roof Type Metal

Building

Structure Type Frame,Metal,Wood

Others

Energy Description LP/Propane Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by O'Brien Real Estate
agent-avatar

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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52366 M-51