Lincoln, MI Retail Properties & Spaces for Sale

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Harrisville, MI Spruce, MI Mikado, MI

Updated: Dec 19, 2025

Former Pharmacy in Lincoln, MI

301 S Second Street, Lincoln, MI 48742

$115,000

3,400 sqft · 0.11 AC lot

Large 3400 sq ft building suitable for various uses like a gym, church, restaurant, or retail/office.
Extra lot (105x132 approx.) provides ample parking.
Additional storage building (25x70 approx.) included.
Furnace replaced in 2018.
Construction is block.

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Updated: Dec 19, 2025

Lincoln, MI Commercial Opportunity

301 & 307 S Second Street, Lincoln, MI 48742

$165,000

5,150 sqft

High visibility location suitable for various businesses.
Includes a parking lot and on‑street parking.
Versatile space ideal for retail, gym, office, or restaurant/cafe.
Includes a separate storage building.
New furnace installed in 2018.

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Versatile Commercial Building in Lincoln

483 E Traverse Bay State Road, Lincoln, MI 48742

$95,000

3,200 sqft

Adaptable commercial building suitable for various business ventures.

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Former Pharmacy Retail Building

301 2nd St, Lincoln, MI 48742

$115,000

3,400 sqft

Former pharmacy building with added lot and storage, well suited for a range of retail, office, or community uses.

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Retail

301 2nd St, Lincoln, MI 48742

$165,000

5,150 sqft

Retail space · 5,150 SF

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Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 5 Active listings in Lincoln, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Versatile Commercial Property in Harrisville

117 S State Street, Harrisville, MI 48740

$285,000

9,016 sqft · 1.07 AC lot

9,016 SF commercial property on 1.07 acres for sale.

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Turn-Key Retail and Office Building

108 N US-23, Harrisville, MI 48740

$339,000

3,000 sqft · 0.27 AC lot

Free-standing, recently renovated building with highway frontage and an additional on-site apartment for flexible owner or tenant use.

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Free-Standing Building Near Lake Huron

5280 US-23, Oscoda, MI 48750

$613,000

11,060 sqft

11,060 SF building on 1.79 acres near Lake Huron.

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Restaurant/Retail Opportunity on US-23

5214 N Us Highway 23, Oscoda, MI

$325,000

4,200 sqft · 1.85 AC lot

Former bakery and restaurant on US-23 in Oscoda, Michigan.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Lake Huron Frontage

421 N State St, Oscoda, MI 48750

$495,000

7,500 sqft

Three parcels with frontage on Lake Huron and AuSable River.

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Mixed-Use Commercial Property with Warehouse

4782 Werth Road, Alpena, MI 49707

$175,000

3,500 sqft · 0.99 AC lot

Retail/showroom, offices, and a warehouse with large overhead door plus an upstairs 1-bedroom apartment.

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Alpena Commercial Land For Sale

M-32/Crittenden Court lot: 9, Alpena, MI 49707

$355,000

2.60 AC lot

Commercial land with complete infrastructure in a high-traffic area.

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Alpena Commercial Land For Sale

M-32/Crittenden Court lot: 6, Alpena, MI 49707

$235,000

3.50 AC lot

Commercial land with complete infrastructure in Alpena's growing area.

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Off-Market Properties in Lincoln, MI

Consider similar Off-Market properties in Lincoln, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

AUTO REPAIR, GARAGE

120 2nd St, Lincoln, MI 48742-9481

Value Estimation by Request

3,253 sqft · 0.21 AC lot

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CONVENIENCE STORE

921 Barlow Rd, Lincoln, MI 48742-9794

Value Estimation by Request

3,000 sqft · 0.65 AC lot

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BAR, TAVERN

214 2nd St, Lincoln, MI 48742

Value Estimation by Request

2,495 sqft · 0.11 AC lot

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RESIDENTIAL PARKING GARAGE

Ritchie Rd, Lincoln, MI 48742

Value Estimation by Request

3,504 sqft · 1.49 AC lot

View details

BAR, TAVERN

3987 F 41, Lincoln, MI 48742-9222

Value Estimation by Request

2,166 sqft · 1.92 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

308 2nd St, Lincoln, MI 48742-9806

Value Estimation by Request

252 sqft · 0.01 AC lot

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FINANCIAL BUILDING

Traverse Bay Rd, Lincoln, MI 48742

Value Estimation by Request

2,074 sqft · 0.80 AC lot

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AUTO REPAIR, GARAGE

400 Traverse Bay Rd, Lincoln, MI 48742-9336

Value Estimation by Request

3,014 sqft · 0.41 AC lot

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AUTO REPAIR, GARAGE

Traverse Bay Rd, Lincoln, MI 48742

Value Estimation by Request

5,200 sqft · 1.00 AC lot

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RESTAURANT

410 Traverse Bay Rd, Lincoln, MI 48742-9336

Value Estimation by Request

320 sqft · 0.15 AC lot

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SHOW ROOM, WAREHOUSE

420 Traverse Bay Rd, Lincoln, MI 48742-9336

Value Estimation by Request

7,598 sqft · 0.54 AC lot

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SHOW ROOM, WAREHOUSE

483 Traverse Bay Rd, Lincoln, MI 48742-9336

Value Estimation by Request

3,200 sqft · 0.53 AC lot

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AUTO REPAIR, GARAGE

100 Main St, Lincoln, MI 48742

Value Estimation by Request

2,648 sqft · 0.18 AC lot

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RESTAURANT

101 Lk St, Lincoln, MI 48742-9807

Value Estimation by Request

2,319 sqft · 0.18 AC lot

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AUTO REPAIR, GARAGE

620 Lk St, Lincoln, MI 48742

Value Estimation by Request

2,736 sqft · 0.81 AC lot

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AUTO REPAIR, GARAGE

324 Hawley St, Lincoln, MI 48742-9491

Value Estimation by Request

1,728 sqft · 1.25 AC lot

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FINANCIAL BUILDING

111 Church St, Lincoln, MI 48742

Value Estimation by Request

3,541 sqft · 1.32 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

817 Barlow Rd, Lincoln, MI 48742-9794

Value Estimation by Request

9,170 sqft · 17.20 AC lot

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AUTO REPAIR, GARAGE

375 Barlow Rd, Lincoln, MI 48742

Value Estimation by Request

6,360 sqft · 1.96 AC lot

View details

Lincoln, MI Retail Properties & Spaces Market Trends and Statistics

Explore 32 retail properties & spaces for sale in Lincoln, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 20,300 square feet of properties for sale, with an estimated market value of $655,000.

Sale prices for stores in Lincoln, MI start at $95,000, averaging $131,000, and reaching up to $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 1,767

Population Growth (5Y) +4.3%

Median Household Income $62,683

College Educated 34.9%

High-Yield Neighborhoods for Investment

Identify Lincoln submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48742	$131K

Taxes & Financing

Tax Rate (average for all types) 3.63%

Property Tax per SF $79.48 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alcona County

New Delisted

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Lincoln, MI Retail Properties & Spaces for Sale

301 S Second Street, Lincoln, MI 48742

301 & 307 S Second Street, Lincoln, MI 48742

483 E Traverse Bay State Road, Lincoln, MI 48742

301 2nd St, Lincoln, MI 48742

301 2nd St, Lincoln, MI 48742

Opportunities in Nearby Cities

117 S State Street, Harrisville, MI 48740

108 N US-23, Harrisville, MI 48740

5280 US-23, Oscoda, MI 48750

5214 N Us Highway 23, Oscoda, MI

Potential Development Sites for Consideration

421 N State St, Oscoda, MI 48750

4782 Werth Road, Alpena, MI 49707

M-32/Crittenden Court lot: 9, Alpena, MI 49707

M-32/Crittenden Court lot: 6, Alpena, MI 49707

Off-Market Properties in Lincoln, MI

120 2nd St, Lincoln, MI 48742-9481

921 Barlow Rd, Lincoln, MI 48742-9794

214 2nd St, Lincoln, MI 48742

Ritchie Rd, Lincoln, MI 48742

3987 F 41, Lincoln, MI 48742-9222

308 2nd St, Lincoln, MI 48742-9806

Traverse Bay Rd, Lincoln, MI 48742

400 Traverse Bay Rd, Lincoln, MI 48742-9336

Traverse Bay Rd, Lincoln, MI 48742

410 Traverse Bay Rd, Lincoln, MI 48742-9336

420 Traverse Bay Rd, Lincoln, MI 48742-9336

483 Traverse Bay Rd, Lincoln, MI 48742-9336

100 Main St, Lincoln, MI 48742

101 Lk St, Lincoln, MI 48742-9807

620 Lk St, Lincoln, MI 48742

324 Hawley St, Lincoln, MI 48742-9491

111 Church St, Lincoln, MI 48742

817 Barlow Rd, Lincoln, MI 48742-9794

375 Barlow Rd, Lincoln, MI 48742

Lincoln, MI Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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