55905 92nd Avenue Dowagiac, MI ^$ 1,890,000

55905 92nd Avenue

^$ 1,890,000

Back to search

55905 92nd Avenue

Dowagiac, MI, 49047

^$ 1,890,000

Studio Baths3.0

Monthly Estimate*

^$ 13,202

55905 92nd Avenue, Dowagiac, MI 49047 - Image 1

55905 92nd Avenue, Dowagiac, MI 49047 - Image 2

55905 92nd Avenue, Dowagiac, MI 49047 - Image 3

55905 92nd Avenue, Dowagiac, MI 49047 - Image 4

55905 92nd Avenue, Dowagiac, MI 49047 - Image 5

55905 92nd Avenue, Dowagiac, MI 49047 - Image 6

55905 92nd Avenue, Dowagiac, MI 49047 - Image 7

55905 92nd Avenue, Dowagiac, MI 49047 - Image 8

55905 92nd Avenue, Dowagiac, MI 49047 - Image 9

Studio

Commercial Property for sale in Dowagiac, MI

for $1,890,000 with 3 full baths. This building was built in 1955 on a lot size of 7.3.

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! 8 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres.

Commercial Active

Price

^$ 1,890,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 24,652

Style

Industrial

Lot Size

7.3

Year Built

1955

Town/City

Dowagiac

County/Region

Cass

MLS | Web ID

23144901

Features

General

Sewer Septic System

Utilities Phone Available Phone Connected Natural Gas Connected Electric Connected

Roof Metal

Construction Materials Metal Siding

Year Built 1955

Tenant Pays Electricity Gas Trash Collection

Property SubType Industrial

Tax Year 2023

Business Type Distribution Manufacturing

County Van Buren

New Construction N

Property Type Commercial Sale

Attached Garage N

Building Features Multi User Facility

Status Active

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

City Dowagiac

High School District Decatur

Zoning Description industrial

Total Units 2

MLS Area Greater Kalamazoo - K

Lot Size Square Feet 317988.0

Waterfront Y/N N

Street Name 92nd

Land Lease Y/N N

Tax Annual Amount 24652.2

Lease Renewal Y/N N

MLS Area Minor Greater Kalamazoo - K

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 137

Standard Status Active

Tax Assessed Value 630600

Legal Description see attached document

Senior Community None

Exterior

Parking Features Paved

Water Source Well Public

Inclusions {u'Real Estate': True}

Lot Size Area 7.3

Number of Buildings 3

Spa N

Building Area Total 63148.0

Lot Dimensions Irregular

Lot Size Acres 7.3

Road Surface Type Paved

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Fireplaces 3

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Full Baths 3

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 3

Internal Only

Street Number 1 55905

* Excluded Features

List By

O'brien Real Estate

Broker

pat@obriensoldmine.com

Affordability Calculator

$15,257

Per Month

Monthly Principal & Interest: $13,202
Monthly Property Taxes: $2,054
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Dowagiac, MI

Average List Price ^$434,418

Percent of Sale Price 77%

About Dowagiac, MI

5,957 Population

-4% Since 2002

^$30,271 Median Income

35.39 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

251418 Elementary School

250122 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/14/2023	$1,890,000		Listed Price

Map

More homes like this one

homes for you

See all

55905 92nd Avenue, Dowagiac, MI, 49047 is a Commercial Property for sale at $1,890,000 with a lot size of 7.3. 55905 92nd Avenue is a studio with 3.0 baths and was built in 1955. The property's zip code is 49047 which is in Dowagiac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 4/30/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

55905 92nd Avenue

Commercial Property for sale in Dowagiac, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home