$2,150,000
1 Bath
7.35 Acre Lot

52366 M-51, Dowagiac, Michigan 49047

  • Commercial Sale Property Type
  • 1955 Year Built
Property Description

Rare opportunity to acquire a well-established triple net industrial property featuring a sale-leaseback arrangement with a long-standing business operating since the 1930s. The lease extends through 2039, with over $2.4 million in scheduled rental income and annual 2% rent increases. Current gross potential rent exceeds $172, 000 annually, with an additional five-year lease option available. The offering includes approximately 63, 000 square feet of industrial space across 7.35 combined acres, consisting of a 6.37-acre industrial site and a separate 0.98-acre parcel, sold together. The owner will cooperate with tax-deferred exchanges. An attractive opportunity for investors seeking long-term income, established tenancy, and contractual rental growth. PLEASE NOTE: This sale includes 55905 92nd Ave AND 52366 M-51 Hwy, Dowagiac MI 49047.

Basic Details
Commercial Sale
For Sale
26057214
$2,150,000
1
1955
7.35 Acre
Active
1
Industrial
: Metal
Features
: Radiant, Space Heater, Baseboard
: Septic Tank
: Phone Available, Electricity Connected, Propane
Address Map
MI
Cass
Dowagiac
49047
M-51
52366
W87° 54' 42.8''
N42° 5' 3.7''
55905 92nd Ave directions: M-51 Highway to 92nd Avenue. Property is located at the intersection of 56th Street and 92nd Avenue. 52366 M-51 Hwy directions: From downtown Dowagiac, head north on M-51 to the property.
Neighborhood
Dowagiac
Additional information
O'Brien Real Estate
Pat O'Brien
Additional Information
63148
Manufacturing
: Metal Siding
Irregular
2
2026-10-28
1
: Well
Financial
32088.44
Listing Information
k201062
k058
Conventional, Tax Def Exchange, Cash
Active
2026-10-28T13:20:40Z
MICHRIC
2026-10-28T12:41:46Z
Agent info
6231 W River Dr NE STE K, Belmont, MI 49306
Contact Agent