For Sale
55905 92nd Avenue, Dowagiac, MI 49047
$2,650,000
MLS # 25053371 (Michigan Regional Information Center (MichRIC))
3 bathsBuilt 19557.3 acres
1 / 9
Listing Description
Incredible Triple Net Industrial Property with Lease through 2039 and over 2.4 Million in scheduled rent! Long term business since 1930's operating with sale leaseback Leased thru thru 2039. Gross Potential rent of over 172K with annual 2 % increases. Owner will cooperate with tax deferred exchanges! Additional 5 year option option available. 63,000 s.f .total with a total of 7.1 acres. Rare triple net opportunity with established long term business.
Source: SparkMLS
About this home
3-bath home in Dowagiac built in 1955.
Listed at $2,650,000.
Property tax estimate: $33,564 per year ($2,797/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by Midwest Energy Cooperative. Fiber internet is available at this address with download speeds up to 1,000 Mbps across 5 providers.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeIndustrial
Bathrooms3
Lot Size7.3 acres
Year Built1955
Location
CityDowagiac
MunicipalityHamilton Twp
Zip Code49047
CountyVan Buren
School DistrictDecatur
Construction & Systems
ConstructionMetal Siding
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesPhone Available, Phone Connected, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed10/15/2025
Terms AcceptedConventional, Tax Def Exchange, Cash
Source: SparkMLS
Tax Information
Annual Tax$27,414
Tax Year2023
State Equalized Value$642,700
Taxable Value$495,794
Assessed Value$630,600
Parcel #80-10-032-004-01
Source: Public Records
Legal Description
see documents
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Pat O'Brien
O'Brien Real Estate
Frequently Asked Questions about 55905 92nd Avenue, Dowagiac, MI 49047
Which school district serves 55905 92nd Avenue, Dowagiac, MI 49047?
Per MLS# 25053371, 55905 92nd Avenue, Dowagiac, MI 49047 is in the Decatur boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Decatur directly to confirm enrollment eligibility.
What financing options are available for 55905 92nd Avenue, Dowagiac, MI 49047?
Per MLS# 25053371, this listing accepts Conventional, Tax Def Exchange, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 55905 92nd Avenue, Dowagiac, MI 49047?
Per public tax records, annual property taxes for this property are $27,414 (2023). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 55905 92nd Avenue, Dowagiac, MI 49047 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 55905 92nd Avenue, Dowagiac, MI 49047 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 55905 92nd Avenue, Dowagiac, MI 49047. The maximum advertised download speed is 1.0 Gbps. 5 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 55905 92nd Avenue, Dowagiac, MI 49047?
Per Michigan Public Service Commission service territory data: Electric: Midwest Energy Cooperative. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Hamilton Twp police department or the Van Buren County sheriff's office.
Map
Tax Estimate
$
Annual tax$33,564
Monthly$2,797
Millage rate52.2242 mills
Municipality: Hamilton Township
School district: DECATUR PUBLIC SCHOOLS
County: Van Buren
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
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$
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Monthly payment$19,985
Principal & interest$17,188
Property taxes$2,797
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1 Gbps
Upload
1 Gbps
FiberGSO SatelliteSatelliteDSL
5 providers at this address
1 Gbps
StarlinkGSO Satellite
280 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsFrontierDSL
10 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Property
55905 92nd Avenue, Dowagiac, MI 49047
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