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Storefront with Storage Building
For Sale
$98,500

301 S Second Street, Lincoln, MI 48742

Commercial Sale, Lincoln, MI

Property Size3,400 SF
Lot Size0.11 Acres
Price / SF$28.97
Days on Market303

Property Features for 301 S Second Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial 201
Parking features Parking Lot
Subdivision Village of Lincoln
Directions Corner of Second & Hawley
Standard status Active
APN 052-000-030-004-05
Size 3,400 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description T26N R8E SEC 1 COM NW COR LOT 5 BLK 30, E 82 FT, S 58 FT, W 82 FT, N 58 FT TO POB PART OF LOT 4 & 5 BLK 30 VILLAGE OF LINCOLN 204/70 201/710
Tax Annual Amount 3000
Legal Description T26N R8E SEC 1 COM NW COR LOT 5 BLK 30, E 82 FT, S 58 FT, W 82 FT, N 58 FT TO POB PART OF LOT 4 & 5 BLK 30 VILLAGE OF LINCOLN 204/70 201/710

Utilities

Water source Well

Building Details

Building materials Block
Listing Agency: Banner Realty
Listed By: Lisa Timm · License #6502127329
Added: Dec 19, 2025 Changed: Oct 8 Last Checked: Oct 18 at 6:06AM
MLS# 201838349

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3400-square-foot storefront property in Lincoln was formerly operated as a pharmacy and includes block construction, a parking lot, and a furnace replaced in 2018. Store shelving is planned for removal, with the option to purchase it separately. The building is offered with an additional lot and storage building available through MLS 201838351.

The additional parcel measures approximately 105x132 and the storage building is estimated at 25x70. The property carries Commercial 201 zoning and uses a well water source. Its existing commercial configuration accommodates consideration of retail, office, restaurant, gym, church, or meeting-place uses as described in the property information.

Key Highlights

  • 3400 square feet of storefront space
  • Former pharmacy building with block construction
  • Furnace replaced in 2018

Property Analytics

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Current Use

David L. Snyder, ... Pharmacy

Suggested Use

Top Pick Auto Parts Store Plumbing Service Furniture & Home Goods Real Estate Agency Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
4,938 visits/mo 0.4 miles
Dollar General Shops & Services
4,063 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
2,246 visits/mo 0.4 miles

Demographics for 48742, MI

1,701
Population
1,392
Households
1.2
Avg Household Size
57
Median Age
25%
College-Educated
94%
High-School Grad
67.9 sq mi
ZIP Area
25
Density / Sq Mi
$62,683
Median Household Income
$36,941
Median Earnings
$650
Median Rent
$165,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial 201 zoning, block construction, parking lot, and a furnace replaced in 2018 define this former pharmacy property.
Where is this storefront property located?
The property is located at 301 S Second Street Lincoln, MI.
What is the asking price?
The asking price for this property is $98,500.
What are key features of this property?
This property features: 3400 square feet of storefront space; Former pharmacy building with block construction; Furnace replaced in 2018
More about this property
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