Holland, MI 49423 753 Lincoln Avenue
$995,900



8 more









Presented By: Ron Webb at Coldwell Banker Woodland Schmidt - (616) 396-5221
Home Details
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.
Presented By: Ron Webb at Coldwell Banker Woodland Schmidt - (616) 396-5221
Interior Features for 753 Lincoln Avenue
Bathrooms
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Heating Y/NYes
Interior AmenitiesBroadband
Total Stories1
General for 753 Lincoln Avenue
Additional Parcels Y/NNo
Building FeaturesUtil Sep Mt, Multi User Facility
Business TypeOther, Distribution, Storage, Retail
CityHolland
Construction MaterialsBlock, Brick
CoolingCentral Air
CountyOttawa
DirectionsUS-31 to 32nd St, then west to corner of Lincoln & 32nd.
Electric On Property Y/NNo
Full Baths2
Gross Income111963.96
HeatingForced Air
High School DistrictHolland
Insurance Expense3210.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionS 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
Listing TermsConventional, Cash
Lot Size Square Feet48918.0
Lot Size UnitsAcres
MLS AreaHolland/Saugatuck - H
MLS Area MinorHolland/Saugatuck - H
MaintenanceExpense3756.72
MobileHomeRemainsYNNo
ModificationTimestamp2025-03-18T12:47:27Z
Net Operating Income81345.68
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Operating Expense30618.28
Ownership TypePartnership, LLC
Property SubtypeRetail
Property TypeCommercial Sale
Rent Control Y/NNo
RoofRubber
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Annual Amount22579.16
Tax Assessed Value378300
Tax Year2022
Tenant PaysBuilding Insurance, Common Area Maintenance, Electric, Gas, Janitorial, Sewer, Trash, Water
TownshipHolland City
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Virtual TourClick here
Waterfront Y/NNo
Year Built1968
Exterior for 753 Lincoln Avenue
Building Area Total21379.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsNon-Applicable
Irrigation Water Rights Y/NNo
Lot Dimensions235 x 500
Lot Size Acres1.12
Lot Size Area1.12
Number of Buildings1
Open Parking Y/NNo
Road Surface TypePaved
SpaNo
Additional Details
Price History

Kallie Fuller
Real Estate Broker