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301 S 2nd St 3,400 SF Retail Building Lincoln, MI 48742 $115,000 ($33.82/SF)
INVESTMENT HIGHLIGHTS
- Block construction with durable structure suitable for multiple commercial uses.
- Store shelving can be removed or purchased separately.
- Large rear/side parking capability thanks to the additional lot—appropriate for high-traffic or multi-tenant use.
- Includes an additional storage building (~25' × 70').
- Ideal for a gym, church, meeting hall, restaurant, retail shop, office, medical/dental, party store, or specialty business.
- Zoned Commercial (Commercial 201) with broad allowable uses.
EXECUTIVE SUMMARY
Formerly Lincoln Pharmacy, this 3400 sq ft building is awaiting a new occupant. Furnace was replaced in 2018. There is an extra lot & storage building available. (MLS 201838351 for building & extra lot & storage building) The additional lot is approximately 105x132, which would give ample parking for a multitude of uses for the old pharmacy. The storage building is estimated to be 25x70. Store shelving will be removed or can be purchased separately. With the additional parking, this could make a great gym, church, meeting place, restaurant or retail/office space.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,400 SF
Building Class
C
Year Built
1960
Price
$115,000
Price Per SF
$33.82
Tenancy
Single
Building Height
1 Story
Building FAR
0.71
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial Zoned District
Parking
15 Spaces (4.41 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 052-000-030-004-05 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $83,700 |
PROPERTY TAXES
Parcel Number
052-000-030-004-05
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$83,700
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301 S 2nd St
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