753 Lincoln Avenue Active

Holland,MI 49423-5482

$ 995900

- Bed

- Bath

21379 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 21,379 sqft

Price per Sqft $46

Subdivision Mi

MLS Listing ID 70332067

Year Built 1968

Annual Tax Amount $22,579

Tax Year 2022

Lot Size 1.120 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

Location

State MI

County Ottawa

Area Holland (70023)

Interior

Heating Forced Air

Exterior

Roof Type Rubber

Building

Water Public Water,Public Water at Street

Structure Type Block,Brick,Steel

Others

Ownership Other/See Remarks

Energy Description Natural Gas

Financing Cash,Conventional

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