Julia HendersonBig Rapids Realty, Canadian Lakes Team, REALTOR®

313-720-5957

52366 M-51, Dowagiac, MI 49047

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$1,888,000
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  • Bedrooms  
  • Bathrooms 3
  • SQ. FT.  
  • Schools Decatur
  • County Van Buren
  • Township Hamilton Twp
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms 3 (F)
  • Basement  
  • Garage  
  • Acreage 7.3
  • Heat Type Forced Air
  • Central Air  
  • Year Built 1955
  • Style  
  • Exterior  
  • Taxes 26804
  • SEV 630600
  • Zoning industrial
  • Parcel 80-10-032-004-01
  • Lot Size Irregular

Features

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

Directions M-51 Highway to 92nd st. property is at 56th St & 92nd St
Listing Courtesy of Pat O'Brien - O'Brien Real Estate

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