510 E 16th Street Active Save Request In-Person Tour Request Virtual Tour
Holland,MI 49423
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 99,132 sqft
Price per Sqft $36
MLS Listing ID 71024015881
Originating Board West Michigan Lakeshore Association of REALTORS®
Year Built 1948
Annual Tax Amount $47,677
Lot Size 7.300 Acres
Acres 7.3
Lot Dimensions 288 x 1,917.46 x 39.25 x 1,930.09
Property Description
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.(Section B) 20,812 s.f. of Concrete Block and brick with concrete roof deck, 4 dock height doors, and a large drive through door, heavy power, sprinkling, new LED lighting, new ADA bathrooms, new heating, new paint, 16' ceilings, 21'x30' bay spacing. Presently leased as storage through 2/28/26, for $3.86 per s.f. plus utilities with 3% annual COLA. (Section C) 23,335 s.f. of Concrete Block and brick section with steel bar joist and decking, 17' ceilings, new roof/insulation, new fire protection, LED lighting, HVAC, heavy power, new ADA bathrooms, new paint, two docks, one large drive through door, 30'x43' bay spacing. Presently leased as storage through 2/28/27, for $3.50 per s.f. + NNN with 3% COLA; Power/Phase: 440 3 Phase
Location
State MI
County Ottawa
Area Holland
Zoning Other
Direction US 31 to 16th Street, West to address. Building located on the South Side of the street just West the Menards entrance.
Interior
Heating Forced Air,Hot Water
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Rubber
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Block/Concrete/Masonry,Brick,Stone
Schools
School District Holland
Others
Tax ID 701633200012
Acceptable Financing Cash,Conventional,Lease
Listing Terms Cash,Conventional,Lease
Financing Cash,Conventional,Lease
Special Listing Condition Unknown/Data Share Listings