753 Lincoln Avenue
Holland, MI 49423
1.12 acres | #M22037783
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.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.
Property Details
- Acres1.12
Construction Details
- Property TypePurchase
Condition
- Year Built1968
Community and Neighborhood Details
- CountyOttawa
Financial Details
- Original List Price$1,150,000
- Buying Agency Compensation2.50%
- Days on Market (Cumulative)324
Other
- MLS #M22037783
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- Garage Spaces0
Location
Legal
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