# 302 S 2nd Street, Lincoln, MI 48742 > **TL;DR:** commercial, $80,000 ($50/sqft), 1,600 sqft. Est. $428/mo. Listed 85 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $80,000 | | Price/sqft | $50 | | Square Feet | 1,600 | | Lot Size | 6,970 sqft (0.16 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 85 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $405 | | Estimated Insurance | $23 | | **Total** | **$428** | ## Property Highlights - 0.16 acre lot ## Description ### Agent 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. ## Location - **Address:** 302 S 2nd Street, Lincoln, MI 48742 - **County:** Alcona - **Neighborhood:** T26N R8E - **Coordinates:** 43.816753, -84.763958 - **Google Maps:** https://www.google.com/maps?q=43.816753,-84.763958 ## Listing Agent - **Name:** Janell Kenworthy - **Brokerage:** Forty Five North Real Estate - **Broker Phone:** (989) 340-1470 ## Photos ![302 S 2nd Street - Photo 1](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f3045819430r.jpg) ![302 S 2nd Street - Photo 2](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f1990511147r.jpg) ![302 S 2nd Street - Photo 3](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f3935120780r.jpg) ![302 S 2nd Street - Photo 4](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f1600755127r.jpg) ![302 S 2nd Street - Photo 5](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f2776138634r.jpg) ![302 S 2nd Street - Photo 6](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f1340737126r.jpg) ![302 S 2nd Street - Photo 7](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f2815390781r.jpg) ![302 S 2nd Street - Photo 8](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f1223543125r.jpg) ![302 S 2nd Street - Photo 9](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f2228276466r.jpg) ![302 S 2nd Street - Photo 10](http://lh.rdcpix.com/3f050b838b316a686d5fbdd7200dc73bl-f2434964517r.jpg) --- **MLS#:** 201841951 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/302-s-2nd-street-lincoln-mi-48742-96baa8cbaa90433d9c5b341fe2d0dadc) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/302-s-2nd-street-lincoln-mi-48742-96baa8cbaa90433d9c5b341fe2d0dadc#listing", "url": "https://staging.propertysimple.ai/listing/302-s-2nd-street-lincoln-mi-48742-96baa8cbaa90433d9c5b341fe2d0dadc", "name": "302 S 2nd Street, Lincoln, MI 48742", "description": "Established laundromat, great investment opportunity! Fully operational laundromat with updated electrical and excellent income potential. 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