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.
EXCEPTIONAL COMMERCIAL OPPORTUNITY BUILT IN 2023!Discover endless possibilities with this impressive, newly constructed multi-use commercial building! Offering over 2,600 square feet of versatile office and commercial space, this property is situated on a spacious 2-acre parcel, providing flexibility for a variety of business ventures.Built in 2023, the thoughtfully designed building features three generously sized private offices on the upper level, two bathrooms, and flexible space that can accommodate a wide range of professional or commercial uses.Whether you're looking to establish your own business, expand your current operations, or invest in commercial real estate, this property presents an outstanding opportunity! Property Highlights: Over 2,600 sq. ft. of commercial/office space, Spacious 2-acre parcel, Newly constructed in 2023, Three generously sized upper-level offices, Two bathrooms, Versatile multi-use building, Excellent potential for business owners and investors.
Exceptional Downtown Commercial Opportunity! Beautiful building abutting Beckwith Park in the heart of Dowagiac, MI. Prime high-visibility location with over 15,000 sq. feet to work with making this the best commercial value downtown! Minimal maintenance with city parking lot at rear of building. Current tenant hosts a quilting/crafting retreat center and has tastefully refreshed the entire space. Main floor houses a fabric shop and event area along with commercial kitchen. Upper level has two spacious 2-bedroom apartments with high ceilings, skylights, laundry rooms, separate utilities, and more. Lower level features a former pub with a long bar and plenty of other useable space. All three levels have separate exterior entrances as well as interior access. This combination of commercial space and upstairs apartments offers exciting potential for a variety of business models and income opportunities. Whether you're looking to retain the current tenants, establish a new business, revitalize a downtown destination, or invest in a property with incredible versatility, this is your chance to be part of Dowagiac's vibrant and welcoming community. Bring your vision and unlock the potential of this one-of-a-kind downtown property! Best location in town, right on S. Front Street. Come be a part of a vibrant community full of charm and activity!
Opportunity awaits with this commercial building and multi-parcel property located at 60060 M51 S, Dowagiac, MI. The site offers extensive space for industrial and commercial operations. The main work area features two ceiling cranes, with one smaller ceiling crane located in a separate work area. The facility is equipped with multiple service and overhead doors, as well as a dedicated office space, a breakroom, and a restroom. The listing encompasses the commercial building along with two additional parcels, including a vacant lot and a residential property. The rental house-932 st ft- is a two-bedroom, one-bathroom home currently occupied by a tenant, which was previously used as an office for business operations and received a new roof in 2025. The wiring in the commercial building has been stripped, though the electrical boxes remain intact, and water and electricity are not currently connected. The building previously utilized propane for heat, but natural gas is available.
Opportunity awaits with this commercial building and multi-parcel property located at 60060 M51 S, Dowagiac, MI. The site offers extensive space for industrial and commercial operations. The main work area features two ceiling cranes, with one smaller ceiling crane located in a separate work area. The facility is equipped with multiple service and overhead doors, as well as a dedicated office space, a breakroom, and a restroom. The listing encompasses the commercial building along with two additional parcels, including a vacant lot and a residential property. The rental house-932 st ft- is a two-bedroom, one-bathroom home currently occupied by a tenant, which was previously used as an office for business operations and received a new roof in 2025. The wiring in the commercial building has been stripped, though the electrical boxes remain intact, and water and electricity are not currently connected. The building previously utilized propane for heat, but natural gas is available. The property is being sold as is, and the seller will not pay for any inspections.
Rare opportunity to purchase a versatile commercial property in the City of Dowagiac, conveniently located near downtown. This approximately 3,144-square-foot property features three modular buildings joined by an enclosed connecting structure, creating three distinct yet connected spaces. Each space offers restroom facilities--two spaces feature two restrooms, while the third features one. The property also includes a smaller private room and shared entry areas. The flexible configuration provides excellent options for office space, workspace, storage, or a combination of uses, with the ability to keep the areas separate while remaining conveniently connected. On-site parking adds to the functionality of this unique property. Bring your vision and explore the possibilities for your business or investment. Buyer to verify zoning and permitted uses with the City of Dowagiac.
Discover the possibilities with this unique two-story building downtown Dowagiac! Owned by the same owner for over 40 years, this property offers endless potential and is much larger than it appears from the outside. Situated on a corner lot with excellent visibility along well-traveled Division Street, the building is conveniently located across from the downtown commercial district, post office and close to the public library. Inside, you'll find multiple rooms, charming built-ins, and several entrances, offering flexibility for a variety of uses. A rear driveway provides convenient access. Whether you're looking to establish a business, create a unique workspace, looking for an investment or bring a new vision to life, this property is ready for its next chapter. Make this space your own and bring your ideas to life!
Downtown Dowagiac Investment & Business Opportunity! Located in the heart of Downtown Dowagiac within the Central Business District, this versatile building offers three separate units: 1 commercial space on the main level and 2 apartments upstairs. The residential units include a vacant 1-bed/1-bath apartment and an occupied 2-bed/1-bath apartment. With separate utilities, each tenant is responsible for their own water, sewer, electric, and gas expenses, making ownership and management straightforward. The main-level commercial space is currently occupied by an established business that is not for sale and will continue operating. The existing tenant has a lease in place with the current owner through March '28, which will transfer to and be honored by the new owner. The vacant 1-bed/1-bath apartment offers flexibility for an owner-occupant to live upstairs while operating or managing their business below, while the occupied 2-bed 1-bath apartment provides additional rental income.
Excellent office space offering outstanding visibility and convenient parking for at least 10 vehicles. The property features a handicap-accessible ramp, two spacious private offices with windows, a welcoming foyer, conference room, kitchenette, restroom and plenty of storage. Existing office furniture may remain for the tenant's use. Offered at $1,200 per month, plus utilities and tenant-provided insurance. The landlord will provide lawn care, and the tenant will be responsible for snow removal. Call today to schedule a private tour!
Prime Downtown Dowagiac Professional Office Space - Approximately 1,800 SFPosition your business in the heart of charming downtown Dowagiac with this well-appointed 1,800+/- square foot professional office suite, formerly home to a successful dermatology practice. Designed with functionality and patient comfort in mind, this versatile space is ideal for medical, counseling, wellness, legal, accounting, or other professional service uses.The thoughtfully designed floor plan features a spacious reception and waiting area, multiple private offices and exam rooms, three restrooms, an eat-in kitchen, laundry area, welcoming foyer, and ample hallway space for efficient workflow. Existing medical furniture and equipment may be purchased, leased, or removed to accommodate your specific business needs.Located in a highly desirable and walkable downtown setting, clients and employees will appreciate easy access to restaurants, shopping, and other thriving businesses. Dowagiac continues to experience growth with new housing developments and benefits from being home to Beacon Health System's Dowagiac Hospital and Corewell Health medical offices, making this an ideal location for healthcare and professional users. Conveniently situated between South Bend and Kalamazoo, Dowagiac offers excellent regional access and is served by an Amtrak station, connecting Southwest Michigan to Chicago and beyond. Property Highlights * **Approximately 1,800 square feet** * Former successful dermatology office * Large reception and waiting area * Multiple private offices and exam rooms * Three restrooms * Eat-in kitchen and laundry area * Flexible layout for a variety of professional uses * Existing medical furniture available for purchase, lease, or removal * Walkable downtown location surrounded by shops and restaurants * Home to Beacon Dowagiac Hospital and Corewell Health offices * Convenient location between Kalamazoo and South Bend * Amtrak service provides regional connectivity * Located in one of Southwest Michigan's growing communi
Prime Downtown Dowagiac Office Space with Dedicated ParkingPosition your business in one of Dowagiac's most visible and high-traffic locations. This approximately 900-square-foot professional office suite offers an excellent opportunity for attorneys, accountants, insurance agencies, therapists, consultants, or a variety of professional service businesses seeking a convenient and walkable downtown setting.Previously home to a successful law office, the space features a welcoming reception and waiting area, a spacious conference or training room, two private offices, a restroom, utility room, and foyer entrance. The functional layout provides flexibility for a wide range of office uses.Located in the heart of charming downtown Dowagiac, employees and clients will enjoy easy access to restaurants, shops, and other successful local businesses. The location is surrounded by established neighborhoods, making it easily accessible to residents throughout the community. A dedicated parking lot provides added convenience, while Dowagiac's continued growth--including new housing developments and Amtrak service connecting the city to Chicago and beyond--makes this an ideal place to invest in your business. Property Features: Approximately 900 square feet High-visibility downtown location Dedicated off-street parking lot Spacious reception and waiting area Large conference or multi-purpose room Two private offices Restroom and utility room Walkable to downtown businesses, restaurants, and services Former law office with professional layout Growing community with new housing development Convenient access to the Amtrak station Bring your business to the center of Dowagiac's growing downtown and join the momentum of one of Southwest Michigan's most charming communities. $1,125 a month plus your utilities. ; Lease Term: Annual
Commercial opportunity in the City of Dowagiac! Located just off Front Street, this versatile property consists of two tax parcels (14-160-200-804-00 and 14-160-200-805-00) and is zoned O-S, allowing for a variety of potential uses.The building offers over 4,000 square feet of space with a flexible layout that can accommodate many different business operations. Features include private offices, a kitchen/break room area, and three separate restrooms, including one larger restroom with multiple stalls. The spacious floor plan provides a combination of private workspaces and open areas, making it ideal for office, service, medical, wellness, educational, or professional uses.
Beautifully renovated and positioned in the heart of downtown Dowagiac, this versatile commercial property blends historic charm with modern updates and endless potential.Featuring a spacious open layout, exposed brick accents, and extensive renovations, the building combines historic character with modern functionality. The move-in-ready main level has been completely transformed over the past three years and features raised ceilings, new flooring, updated mechanicals, can lighting, office space, workspace, prep space which is perfect for a commercial kitchen. Also a renovated restroom, walk-in cooler, refreshed facade, and much more. Basement has plenty of room for storage. Adding to its versatility and income potential is a second-story apartment with a private entrance--ideal for owner occupancy, rental income, or employee housing.
Step into ownership of this well-established restaurant/brewery in the heart of Southwest Michigan's resort corridor (Sister Lakes). This almost 9,000 sq ft facility offers beautiful water views, creating a destination atmosphere for both locals and seasonal visitors. With multiple indoor/outdoor gathering spaces there are opportunities for both private events and public socializing. Turnkey operation with opportunity to expand. Whether you're an experienced restauranteur, brewer, or investor, this property offers the chance to own a landmark hospitality venue in one of Michigan's most beloved lake regions. Call Molly for more details.
Step into ownership of this well-established restaurant/brewery in the heart of Southwest Michigan's resort corridor (Sister Lakes). This almost 9,000 sq ft facility offers beautiful water views, creating a destination atmosphere for both locals and seasonal visitors. With multiple indoor/outdoor gathering spaces there are opportunities for both private events and public socializing. Turnkey operation with opportunity to expand. Whether you're an experienced restauranteur, brewer, or investor, this property offers the chance to own a landmark hospitality venue in one of Michigan's most beloved lake regions. Call Molly for more details.
Bring your business to life in this spacious 4,238 sq ft commercial building for lease in Dowagiac, located in the Office Service (O-S) District. Formerly the American Legion, this versatile commercial space offers a highly functional layout ideal for a wide range of office, medical, and service-based uses.The space features a combination of private offices and large open areas--perfect for collaborative workspaces, coworking, training centers, fitness studios, wellness practices, or creative studio space. Additional highlights include a kitchen/break area and three bathrooms, including one with multiple stalls and sinks.With 20-25 on-site parking spaces, excellent accessibility, and strong usability for both staff and client traffic, this property is well-suited for professional offices, medical or therapy clinics, salon or spa concepts, daycare or learning centers, and other service-oriented businesses.Conveniently located within Dowagiac city limits, this commercial lease
Versatile flex commercial building offering approximately 8,484 SF of finished interior space plus basement and additional storage areas on approximately 0.67 acres in Dowagiac. Zoned Light Industrial, the property is well suited for contractors, trades, light manufacturing, or owner-user operations seeking workspace, office, and storage in one location.The main level features multiple work areas with 10-12 ft ceilings, 3-phase power, dock with leveler, internal overhead doors, and several restroom facilities. A separate storefront entrance provides additional flexibility for customer-facing operations.The second level includes a penthouse-style office/live-work suite with kitchen, large open area, multiple private rooms, and restrooms, accessible via stairwells and a passenger elevator from the main level garage area (buyer to verify permitted uses).
Endless possibilities in the heart of downtown Dowagiac! With ample front and rear parking, This versatile commercial building offers a functional main level with a kitchen area, laundry room, bathroom, and two entry/exit points. Character shines through with hardwood floors, exposed brick, and tall ceilings that give the space a unique, desirable energy. Upstairs, you'll find 2,200+ square feet of semi-finished space with both interior and exterior stair access--perfect for future personal living quarters, office space, or rental income. Utilize the full basement for extra storage space. Surrounded by downtown Dowagiac's charming shops, dining, and entertainment, this property is ready to bring your vision to life.
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.



Dowagiac is located in Michigan. 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.