This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
55905 92nd Avenue, Dowagiac, MI 49047
$1,890,000
55905 92nd Avenue, Dowagiac, MI 49047View this property at 55905 92nd Avenue, Dowagiac, MI 49047
55905 92nd AvenueDowagiacMI49047
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
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! 8 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres.
Full Property Details
Full Property Details for 55905 92nd Ave
General
- Price: $1,890,000
- Taxes: $24,652
- Status: Active
- Type: Industrial
- MLS ID: 23144901
- Updated: 4/29/2024
- Added to Site: 141 day(s) ago
Business
- Business Type: Distribution, Manufacturing
Interior
- Number of Fireplaces: 3
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Parking Features: Paved
Location
- Area: Greater Kalamazoo - K
- County: Van Buren
- Cross Streets: 92nd & 56th St.
- Driving Directions: M-51 Highway to 92nd st. property is at 56th St & 92nd St
Utilities
- Sewer: Septic System
- Water: Well, Public
- Well: Yes
- Utility Description: Phone Available, Phone Connected, Natural Gas Connected, Electric Connected
Structural Information
- # Buildings: 3
- Construction: Metal Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 63,148
- Year Built: 1955
Lot Features
- Lot Size (Acres): 7.3
- Lot Size (Sq. Ft.): 317,988
- Lot Dimensions: Irregular
- Frontage: Paved
- Zoning: industrial
Financial Considerations
- Tax Amount: $24,652.2
- Terms: Conventional, Cash
- Tenant Pays: Electricity, Gas, Trash Collection
Disclosures and Reports
- Legal Description: see attached document
- Property ID: 801003200401
Listed by O'Brien Real Estate, Pat O'Brien
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 55905 92nd Ave
School District:Decatur Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
409 N Phelps St, Decatur, MI 49045 | PK-4 | 5.9 mi | |
Decatur Middle School, Decatur, MI
405 N Phelps St, Decatur, MI 49045 | 5-8 | 5.9 mi | |
110 Cedar St, Decatur, MI 49045 | 9-12 | 5.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 55905 92nd Ave
Date
Details
Price
Change
Source
12/14/2023
Listed
$1,890,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 55905 92nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2020
$24,948
—
$630,600
44%
2020
$24,948
—
$437,800
-4%
2020
$24,948
100%
$454,800
—
2020
100%
$454,800
2%
2019
100%
$443,900
—
2010
-100%
$443,100
-1%
2017
$12,976
7%
$447,000
10%
2015
$12,167
—
$407,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 55905 92nd Ave
55905 92nd Avenue, Dowagiac, MI 49047 (MLS# 23144901) is a Industrial property. 55905 92nd Avenue is currently listed for $1,890,000 and was received on December 14, 2023. Want to learn more about 55905 92nd Avenue? Do you have questions about finding other Industrial real estate for sale in Dowagiac? You can browse all Dowagiac real estate or contact a Coldwell Banker agent to request more information.