753 Lincoln Avenue Active

Holland,MI 49423

$ 995900

- Bed

2 Baths

21379 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 21,379 sqft

Price per Sqft $46

MLS Listing ID 23135012

Full Baths 2

Year Built 1968

Annual Tax Amount $22,579

Tax Year 2022

Lot Size 1.123 Acres

Property Sub-Type Retail

Property Description

Solid tenants & good Income producing retail building which includes Dollar General and Estate Warehouse. 2021 Capital improvements of over $60,000 for a new roof over Estate Warehouse of 10,000 plus sq.ft, New interior furnaces in warehouse / storage area, new A/C condenser & new water heater in Dollar General. Dollar General has been a long term tenant for 20 plus years and just renewed their 3 year option & has over 5 1/2 years remaining with another 3 year option remaining. Dollar General did an interior remodel this spring. Estate warehouse is in its 3rd year and is renewing for another 3 years. Great busy corner with good traffic counts for retail & great tenants to work with. Dollar General pays a NNN lease with prorations for property taxes and insurance Estate warehouse is in its 3rd year and is renewing for another 3 years. Great busy corner with good traffic counts for retail & great tenants to work with. Dollar General pays a NNN lease with prorations for property taxes and insurance. Estate Warehouse pay for their utilities & their portion of snow plowing. Estate warehouse is in its 3rd year and is renewing for another 3 years. Great busy corner with good traffic counts for retail & great tenants to work with. Dollar General pays a NNN lease with prorations for property taxes and insurance. Estate Warehouse pay for their utilities & their portion of snow plowing.

Location

State MI

County Ottawa

Area Holland/Saugatuck - H

Interior

Heating Forced Air

Cooling Central Air

Inclusions Non-Applicable

Exterior

Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Broadband

View Y/N No

Roof Type Rubber

Building

Building Description Block,Brick, Util Sep Mt,Multi User Facility

Sewer Public Sewer

Water Public

Structure Type Block,Brick

New Construction No

Schools

School District Holland

Others

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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