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Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 995,900

Est. payment -/mo

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753 Lincoln Avenue Holland, MI 49423

21,379 SqFt

UPDATED:

10/18/2024 07:37 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,379 sqft

Price per Sqft $46

MLS Listing ID 71023135012

Originating Board West Michigan Lakeshore Association of REALTORS�

Year Built 1968

Annual Tax Amount $22,579

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 insuranceEstate 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

Direction US-31 to 32nd St, then west to corner of Lincoln & 32nd.

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Roof Type Rubber

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Block/Concrete/Masonry,Brick,Steel

Schools

School District Holland

Others

Tax ID 701633301016

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

Listed by Coldwell Banker Woodland Schmidt

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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