Seller represented by:
Pat O'Brien
with
O'Brien Real Estate
- Active
- Industrial
52366 M-51, Dowagiac, MI 49047 52366 M-51 Get directions
$2,150,000- Age 71 Years
- School District Dowagiac
- MLS# 26057214
- Listed October 28, 2026
Overview
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.
Features
Heating
- Baseboard
- Radiant
- Space Heater
- Propane
Building Features
- Expandable
- Multi User Facility
Lot
- 7.35 acres
- Lot Size: 320166 sq ft
- Lot Size Area: 7.35
- Lot Size Dimensions: Irregular
Garage and Parking
- Concrete
- Paved
- Parking Total: 28
Property
- Waterfront: No
Construction Details
- Metal
Utilities
- Phone Available
- Electricity Connected
- Propane
Sewer
- Septic Tank
Water Source
- Private
- Well
Security
- Fire Alarm
We're sorry we have no data related to schools for this listing.
- 52366 M-51, Dowagiac, MI 49047 $2,150,000
- 1 Bath 7.35 Acre Lot
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-
O'Brien Real Estate Inc.
with 65 years experience - O'Brien Real Estate Inc. 527 S Westnedge Ave, Kalamazoo, MI 49007
- Business (269) 381-6470
- Email [email protected]
- Areas Served Greater Kalamazoo Area and Southwest Michigan
- Specializations Buying, Selling, Investing, Property Management and Relocation Services