About This Home

This 0-bedroom, 0-bathroom commercial at 302 S 2nd Street in Lincoln, MI is listed for $80,000 ($50 per sqft). the home offers 1,600 sqft of living space on a 0.16 acres lot.

Key Features

  • 0.16 acre lot

Property Details

1 story
Listing Description

Established laundromat, great investment opportunity! Fully operational laundromat with updated electrical and excellent income potential. This is the only working laundromat in Alcona County, making it a unique business opportunity with an established customer base.

8 working washing machines and 5 working dryers with 1 additional washer and 8 additional dryers included in the sale that are currently not operational, offering potential for increased revenue after repair. Whether you are looking to expand your portfolio or generate supplemental income, this turnkey business offers significant upside with room for growth. Don't miss this opportunity to own the only operating laundromat serving Alcona County.

Monthly Cost Estimate

$428/mo

20% down · 6.5% · 30 years

Principal$58
Interest$347
Insurance$23

Estimates only. Actual payments may vary.

Location

302 S 2nd Street

Lincoln, MI 48742

T26N R8E

Property Details

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 302 S 2nd Street is listed at $80,000 ($50/sqft). The estimated monthly payment is $428 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.16 acre lot.

This property is listed by Janell Kenworthy.

JK

Janell Kenworthy

Agent at Forty Five North Real Estate

Listed by Forty Five North Real Estate · Broker phone: (989) 340-1470

MLS# 201841951· Source: Water Wonderland Board of Realtors®· 83 days on PropertySimple

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.

302 S 2nd Street, Lincoln, MI 48742

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