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753 Lincoln Avenue

Holland, MI 49423
  • $995,900
  • STATUS: Active
  • ON SITE: 161 Days
  • ID#: 71023135012
UPDATED: 52 min ago
$995,900
  • 0
    BEDS
  • 1.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,379
    SQFT
  • $47
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1968
County:
Area:
Lot Size Dimensions:
235 x 500

School Ratings & Info

School District:

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.

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IDX provided courtesy of Realcomp II Ltd. via Elite Home Advisors | Keller Williams Platinum and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Elite Home Advisors | Keller Williams Platinum are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-29T19:01:50.103.
www.mihomepropertysearch.com/homes/143575413
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753 Lincoln Avenue Holland, MI 49423

  • Price: $995,900
  • Status: Active
  • On Site: 161 Days
  • Updated: 52 min ago
  • ID#: 71023135012
0
Beds
0
Baths
0
½ Baths
1.12
Acres
21,379
SQFT
$47
$/SQFT
1968
Built
Neighborhood:
Holland
County:
Ottawa
Area:
Holland
School District:
HOLLAND
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.
Exterior Features

Construction Materials Block/Concrete/MasonryBrickSteel Lot Size Dimensions 235 x 500 Road Frontage Feet 235 Road Frontage Type Paved Roof Material Rubber Waterfront YN No

Interior Features

Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0

Property Features

Current Use Commercial Gross Scheduled Income 111963.96 Land Contract YN No Listing Financing CashConventional Net Operating Income 81345.68 Operating Expense 30618.28 Postal City Holland Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer at Street Short Sale Unknown Tax Amount Summer 22579.1600 Title Corporate/Relocation Total Tax 22579.1600 Unparsed Address 753 Lincoln Avenue Water Source Public (Municipal)Water at Street

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Coldwell Banker Woodland Schmidt: (616) 396-5221 and West Michigan Lakeshore AOR MLS, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Elite Home Advisors | Keller Williams Platinum and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Elite Home Advisors | Keller Williams Platinum are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-29T19:01:50.103.
 
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Elite Home Advisors | Keller Williams Platinum
31525 23 Mile Rd
Chesterfield MI, 48047