753 Lincoln Avenue Active Save Request In-Person Tour Request Virtual Tour
Holland,MI 49423
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 21,379 sqft
Price per Sqft $46
Municipality Holland City
MLS Listing ID 23135012
Full Baths 2
Year Built 1968
Annual Tax Amount $22,579
Tax Year 2022
Lot Size 1.123 Acres
Acres 1.12
Lot Dimensions 235 x 500
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
Direction US-31 to 32nd St, then west to corner of Lincoln & 32nd.
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
Waterfront No
View Y/N No
Roof Type Rubber
Street Surface Paved
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
Tax ID 701633301016
Ownership Partnership, LLC
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash