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1253 Lincoln Rd
Allegan, MI 49010
Allegan Family Dollar Retail Center · Retail Property For Sale
EXECUTIVE SUMMARY
This retail center features 19,200 SF of building space situated on approximately 5.35 acres, providing both current cash flow and future development potential.
Strategically located along Lincoln Road/M-89, the primary thoroughfare into the City of Allegan, the center benefits from excellent visibility and convenient access. The site includes over 90 parking spaces, prominent monument signage, and building façade signage for tenants. Two available outlots offer prime potential for additional development to increase the center’s NOI.
Strategically located along Lincoln Road/M-89, the primary thoroughfare into the City of Allegan, the center benefits from excellent visibility and convenient access. The site includes over 90 parking spaces, prominent monument signage, and building façade signage for tenants. Two available outlots offer prime potential for additional development to increase the center’s NOI.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,200 SF
Building Class
B
Year Built
1989
Price
$975,000
Price Per SF
$50.78
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
4.88 AC
Zoning
C-2 - Commercial
Parking
120 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
163’ on Lincoln Rd
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $400,300 | |
| Land Assessment | $146,000 | Total Assessment | $546,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$146,000
Improvements Assessment
$400,300
Total Assessment
$546,300
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