300 S Second Street, Lincoln, MI 48742 (MLS# 201831360)
300 S Second Street, Lincoln, MI 48742
$430,000
Property Type:
Commercial
Square Footage:
3,944
Status:
Active
Current Price:
$430,000
List Date:
8/23/2024
Last Modified:
5/08/2025
Description
3,944 square foot retail and repair shop. Includes a rental unit on the upper floor. Two 2,400 square foot pole barns with concrete and electric for inventory storage or display also on the property. With 46 foot of road frontage at the retail entrance and approximately 396 of road frontage along repair shop and pole barns, this property has space for expansion. Currently an active lawn and garden equipment sales and service business, retail sales of outdoor gear, guns and ammo. List price includes real estate and business. Salable inventory to be priced separately. Consistent gross annual sales of $800K-$900K for the past five years. Further details will be made available to vetted buyers with execution of a non-disclosure agreement.
More Information MLS# 201831360
Contract Information
Current Price: $430,000
Begin Date: 2024-08-21
List Price: $430,000
Status: Active
Property Information
Type: Business Op
Realtor.com Type: Commercial
For Sale or Rent: FS
Lot Size Dimensions: 2.2 acres +/-
Year Built: 1917/2016/2006
Total Bldg SqFt.: 3944
SqFt Source: County Records
Levels: 2
Bus/Invtry Descrip: Area go-to for lawn & garden equipment sales & service, outdoor gear, ammo & firearms. FFL required for gun sales.
School District: Alcona
Location Tax and Legal
County: Alcona
St. #: 300
Street Direction Pfx: S
Street Name: Second
Street Suffix: Street
State: MI
Zip Code: 48742
Subdivision or T/R: T26N
Directions and Remarks
Directions: US 23 S from Alpena to F-41 S to Lincoln, W on Main Street to S on Second Street. Property is on the SW corner of Second and Hawley Streets.
Internet Access: Cable
Sign
Sign: No
Taxes and Possession
Taxes: $3,587.37
Tax Year: 2023
Association Dues: No
Possession: Negotiable
Property Features
Business Information: Business Opportunity
Construction: Frame; Other
Electric: Separate
Gas: Separate
Water: Well
Sewer: Municipal
Basement: Partial Basement
Extras: High Visibility; Living Quarters; Restroom (s); Security System
Road: Blacktop
Drive: Gravel
Parking: Street Parking
Occupant: Owner; Tenant
Util Pd by Owner: Cable; Electric; Fuel
Showing Instructions: Appointment Only; Call Listing Agent
Terms: Cash; Conventional Mort
Documents
Sellers Disclosures ›Listing Office: Real Estate One of Alpena
Last Updated: May - 08 - 2025
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