52366 M-51
Dowagiac, MI 49047
$2,150,000
- Bathrooms
- 1
- Finished sq ft
- 63,148
- Lot
- 7.35 acres
- Year built
- 1955
- Property type
- Industrial
- County
- Cass
- MLS #
- 26057214
- Days on market
- 10
About this home
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.
Listing courtesy of O'Brien Real Estate · MichRIC · Listing agent: Pat O'Brien
Listing data is provided through the IDX programs of MichRIC, Realcomp, MiRealSource, Northern Great Lakes MLS, and Greater Lansing REALTORS. Information is deemed reliable but not guaranteed and should be independently verified. Listings held by brokerages other than Bergrand Realty are marked with the listing brokerage's name. Last updated November 8, 2026.