52366 M-51 Active Save Request In-Person Tour Request Virtual Tour
Dowagiac,MI 49047
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 63,148 sqft
Price per Sqft $29
MLS Listing ID 66024058947
Year Built 1955
Lot Size 7 Sqft
Property Sub-Type BusinessandRealEstate
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 Vanburen
Area Area80161Hamiltontwp
Interior
Heating ForcedAir, Propane
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected
View Y/N No
Roof Type Metal
Building
Sewer SepticTank
Water Well
Schools
School District Decatur
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional