510 E 16th Street Holland, MI $ 3,950,000
510 E 16th Street
$ 3,950,000
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510 E 16th Street

Holland, MI, 49423
$ 3,950,000
Baths0.0 Sq 99,132

Monthly Estimate*

$ 27,592

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Studio

Commercial Property for sale in Holland, MI

for $3,950,000. This 99,132 square foot building was built in 1948 on a lot size of 7.3.

Three unit Older Industrial Property of approximately 100,000 s.f., Zoned I-1, on 7.3 acres in the City of Holland. Present rail spur is not activated. Complete new roof and insulation on the entire building. New LED lighting throughout, separate gas and electric metering. Front approximately 1/2 of the building (Section A) to be vacated early summer 2024, this is a great owner occupant opportunity with the balance of the building leased out. Key location just West of US-31 alongside Menards with easy access to I-196. (Section A) Approximately 50,000 s.f. of Concrete block and brick building with wood deck, 440 power, 14' ceilings, two loading docks, new lighting, approximately 2,000 s.f. of office, good power distribution, new roof/insulation. Will be vacant early summer 2024.

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Commercial Active

Price

$ 3,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 47,677

Style

Commercial/Industrial

Lot Size

7.3

Year Built

1948

Town/City

Holland

County/Region

Ottawa

MLS | Web ID

70398347

Features
General
Heating Forced Air Hot Water
Cooling None
Possession Negotiable (Possession)
Roof Rubber
Water Public Water Public Water at Street
Status Active Active
Year Built 1948
Parking 21+ Spaces
County Ottawa
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership LLC
Municipality Holland
Subdivision MI
Commercial Features Cable TV Available Electric Available Gas Available
Area Holland (70023)
Primary City Holland
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/24015881
Directions US 31 to 16th Street West to address. Building located on the South Side of the street just West the Menards entrance.
City Holland
Street Name 16th
Financial Terms Cash Conventional
Legal Description See Attached
DOM 42
Postal Code 49423
Price Per Sq Ft 39.85
Coming Soon Three unit Older Industrial Property of approximately 100 000 s.f. Zoned I-1
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Exterior
Exterior Block Brick Concrete Stone
Frontage 288
Lot Size Area 7.3
Lot Dimensions 288 x 1 917.46 x 39.25 x
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Ceiling Height 16-20 Feet
Fuel Type Natural Gas
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* Excluded Features
List By
James Edewaard

Listing Agent

Coldwell Banker Woodland Schmidt Commercial

Broker

james.edewaard@cbgreatlakes.com

Email

Affordability Calculator

$31,565
Per Month
87%
13%
0%
Monthly Principal & Interest
$27,592
Monthly Property Taxes
$3,973
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$3,950,000 Listed Price

Map


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510 E 16th Street, Holland, MI, 49423 is a Commercial Property for sale at $3,950,000 with 99,132 sqft and a lot size of 7.3. 510 E 16th Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 49423 which is in Holland, MI