About 753 Lincoln Avenue
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.
Features of 753 Lincoln Avenue
| MLS® # | 22037783 |
|---|---|
| Price | $1,150,000 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 21,379 |
| Acres | 1.12 |
| Year Built | 1968 |
| Type | Commercial Sale |
| Sub-Type | Retail/Commercial |
| Status | Active |
Community Information
| Address | 753 Lincoln Avenue |
|---|---|
| Area | Holland/Saugatuck - H |
| City | Holland |
| County | Ottawa |
| State | MI |
| Zip Code | 49423 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Roof | Rubber |
|---|
School Information
| District | Holland |
|---|
Additional Information
| Legal | S 233 FT OF SW 1/4 OF SW 1/4 LYING W OF C&O RR R/W, EXC W 33 FT FOR ST. SEC 33 T5N R15W |
|---|---|
| New Construction | No |
| Water | Public |
Financial Details
| Annual Property Tax | $22,746 |
|---|---|
| Tax ID # | 701633301016 |
| Taxable Value | 374800.00 |
Listing Details
| Agent | Ron Webb |
|---|---|
| Office | Coldwell Banker Woodland Schmidt |