Investment Opportunity with Triple Net Industrial Lease! Gross Potential rent of over 175K with annual 2 % increases. Cap rate over 8%. Owner will cooperate with tax deferred exchanges! 6 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres
Step into the rare opportunity to own a cherished local gem. This established hot dog & ice cream shop has been a community favorite for years, known for its friendly & vibrant atmosphere. Located in popular Sister Lakes, with a dedicated fan base, this is a gathering place for locals and visitors alike. With endless potential this special property is ready for your creative touch--reimagine the concept, expand the menu, or even introduce new offerings!Whether you're looking to carry on a beloved tradition or make your mark with a fresh vision this is the perfect foundation for your entrepreneurial dreams. Don't miss your chance to be part of the community's next chapter!Inquire today to explore the possibilities of 2 buildings, a residential lot & deeded access to Magician Lake!!!
Dowagiac has the energy to support your business. This newly remodeled office building has high traffic views with easy parking. Once a successful insurance agency this building is walkable to many downtown businesses. The building has two client entrances and one employee entrance. As clients enter they are greeted in a large foyer with lots of light . The 1st floor has private offices and room for shared desk space. Ground floor has a kitchenette and is accessible from the parking lot. Ground floor is a break room, storage and additional work space. There are many uses for this office building including; financial services, medical, insurance, massage, beauty salon, sales, etc. High-speed fiber-optic broadband is installed in the City of Dowagiac for fast and secure internet.
Large 7344 square foot commercial building on just under 2 acres. Previously used as an auto body shop this facility has many potential uses. Great location for maximum exposure being on the corner of 2 State highways. Large parking lot. Clear span buildings, and a nice office space.
Previously established business(s) Capt'n Jack's Redwood Inn on full sport Round Lake. 2 liquor licenses. Past celebrated restaurant and bar with a dance floor. Seating for 150. Patio deck with outside seating to enjoy sunsets, boat parking access. Full kitchen. Nicely decorated. 3 Fireplaces. Nautical themed bar seats 25. Upper level is a B&B with 10 private units each with a private bath. Access to a beautiful balcony deck with panoramic lake views. Fully booked in the summer and snowmobile traffic in the winter. Walkout level has an additional abbreviated kitchen, full bar, fireplace, and dining area. Large deck with a tiki bar. 62' of beautiful sandy beachfront. All levels could handle parties of 300. Lovely apartment with storage. Sellers are licensed RE agents. Lovely apartment with storage. Sellers are licensed RE agents.
Previously established business(s) Capt'n Jack's Redwood Inn on full sport Round Lake. 2 liquor licenses. Past celebrated restaurant and bar with a dance floor. Seating for 150. Patio deck with outside seating to enjoy sunsets, boat parking access. Full kitchen. Nicely decorated. 3 Fireplaces. Nautical themed bar seats 25. Upper level is a B&B with 10 private units each with a private bath. Access to a beautiful balcony deck with panoramic lake views. Fully booked in the summer and snowmobile traffic in the winter. Walkout level has an additional abbreviated kitchen, full bar, fireplace, and dining area. Large deck with a tiki bar. 62' of beautiful sandy beachfront. All levels could handle parties of 300. Lovely apartment with storage. Sellers are licensed RE agents.
Discover a property with boundless potential! Currently operating as a school and dormitory, this unique estate offers endless opportunities for a variety of uses. Imagine transforming this space into a stunning event center or wedding venue, a secure and spacious compound, or a welcoming senior center.The property features 27 dorm-style rooms, perfectly suited for accommodating guests or residents. Additionally, it boasts a well-equipped workout room and a convenient laundry facility, ensuring all essential needs are met.The main building is a masterpiece designed by world-renowned architect Jan Utzon, offering an unparalleled blend of elegance and functionality. This architectural gem provides a distinctive charm that will captivate anyone who visits.Adding to the
Conveniently located off M 152 at the corner of M 51 between Dowagiac and Sister Lakes, is the 5-Mile Drive-In Theater. There are approximately 10 acres, beautiful level land, well maintained green lawn. There are 500 vehicle spots for movie viewing. The center building houses the new projector and electronic equipment. The other portion of the building is where the concessions are located. The sale would include all equipment, the newer projector, screen, etc. There may be other opportunities.
The median home value in Dowagiac, MI is $286,000. This is higher than the county median home value of $200,600. The national median home value is $338,100. The average price of homes sold in Dowagiac, MI is $286,000. Approximately 54.45% of Dowagiac homes are owned, compared to 35.84% rented, while 9.72% are vacant. Dowagiac real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dowagiac real estate agent to arrange a tour today!
Dowagiac, Michigan has a population of 5,731. Dowagiac is less family-centric than the surrounding county with 15.03% of the households containing married families with children. The county average for households married with children is 26.5%.
The median household income in Dowagiac, Michigan is $42,371. The median household income for the surrounding county is $60,725 compared to the national median of $69,021. The median age of people living in Dowagiac is 37.6 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 39.8 inches per year, with 70.2 inches of snow per year.