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52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo
52366 M-51, Dowagiac, MI 49047 Photo

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$2,150,000
Status: Active
52366 M-51 Dowagiac, MI 49047
  • —
    Bedrooms
  • 1
    Total Baths
  • —
    Square Feet
  • 7.35
    Acres
  • 1955
    Year Built
  • —
    HOA

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.

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Listed By / Shown By

Listed By

Broker Name: O'Brien Real Estate
Agent Name: Pat O'Brien
Broker Phone: 269-381-6470

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone: 888-988-0838

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 10/29/2026.

Property Features

MLS Number: 26057214
Subdivision:
County: Cass
Bedrooms: 0
Total Square Feet: 0
New Constuction: No
Construction: Metal Siding
Waterfront: No
Property Type: Commercial - Industrial
Heating: Baseboard, Radiant, Space Heater
Lot Size: 7.35 Acres
Road Surface: Paved
Roof Type: Metal
Taxes: $32,088
Year Built: 1955

Feature Descriptions

Business Type: Manufacturing
Days on CressyEverett.com: 1
Exterior: Metal Siding
Lot Dimensions: Irregular
Parcel Number: 80-10-032-004-01
Parking Total: 28
Sewer: Septic Tank
Sub Type: Industrial
Tenant Pays: Electric, Gas, Trash
Units: 2
Utilities: Phone Available, Electricity Connected, Propane
Water: Well

Location

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