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    Property profile & analytics
    OFF-MARKET
    Commercial land

    300 2nd St, Lincoln, MI 48742-9806

    0.14 ac lot
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US43-3942651
    Property summary
    AI-generated overview

    This exceptional Lincoln, MI business opportunity encompasses a 3,944 square foot retail and repair shop, ideally situated on a prominent corner lot. The property boasts significant road frontage, offering approximately 46 feet at the retail entrance and an additional 396 feet along the repair shop and outbuildings. This extensive frontage ensures high visibility and accessibility for customers. The main building houses a thriving existing business specializing in lawn and garden equipment sales and service, along with retail sales of outdoor gear, guns, and ammunition. Adding to the property's versatility is a sizable upper-floor rental unit, providing additional income potential. Two substantial 2,400 square foot pole barns, complete with concrete flooring and electrical service, offer ample space for inventory storage, display, or potential expansion of the existing business or the addition of new ventures. The sale includes the real estate and the established business. Salable inventory will be priced separately. A non-disclosure agreement is required for access to further details and financial information. This is a rare opportunity to acquire a well-established business with significant growth potential in a desirable location. The property's size, location, and existing infrastructure make it an attractive investment for a variety of business ventures.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.14 ac (6,055 SF)
    APN 052-000-031-001-00
    UPID US43-3942651
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lincoln Outdoor Center, Inc. (Bike/Boat/Book/etc) Store Garden Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Scully Real Estate LLC · 16 yrs held
    Scully Real Estate LLC
    since 2010
    1 recorded transaction
    2010
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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