321 Settlers Road, Holland, MI 49423

$2,800,000
Property Type: Commercial Sale Square Footage: 21,890 Lot Size (sq. ft.): 103,237 Status: Sold
Current Price: $2,800,000 List Date: 7/22/2024 Last Modified: 4/15/2025

Overview

Description

321 Settlers Rd. - First time offering for sale, this property is a signature building along the US-31 corridor in Holland. This prominent location has premium exposure and convenient access from anywhere in the lakeshore area. Located between 8th & 16th Streets on the east side of US-31 in the city of Holland. The property is a fully leased investment opportunity featuring three quality tenant's that have been longstanding businesses in the community. Cunningham Dalman PC, Wells Fargo Advisors & Lighthouse Title Group occupy the entirety of the building.

Listing Details MLS# 24037593

Location Property Info

County
Ottawa
Street #
321
Street Name
Settlers
Suffix
Road
State
MI
Zip Code
49423
Zip (4)
3778

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
2.37
Lot Square Footage
103237
Lot Dimensions
264 x 300
Year Built
1986
Road Frontage
264
Year Remodeled
2018
Total # Units
3
# Fin Bldg Lvls
2
# of Diff Unit Floor Plans
Yes
Total # Bldgs
Yes
Total SqFt
21890
Total Net SqFt
21890
Property Use Type
Business
Full Baths
6
Waterfront
No
School District
Holland

Tax Info

Tax ID #
70-16-28-477-015
Taxable Value
834589
SEV
1029900
For Tax Year
2023
Seller's Annual Property Tax
47452.22
Tax Year
2023
Spec Assessment & Type
None
Non-Conforming Use
No
Zoning
CMU

Remarks Misc

Directions
8th Street to Settlers, north to address

Status Change Info

Under Contract Date
2025-03-17
Sold Date
2025-04-15
Sold Price/SqFt
127.91

More Information

Additional Details

Total Parking Spaces
88
Passenger Elevators
Yes
Ceiling Height
8
Power/Voltage
240

Income and Expenses

Net Operating Income
240000

Unit 1

Occupied
Yes

Property Features

Property Use: Investment Uses: Professional/Office Business Includes: Non-Applicable Construction Type: Block; Steel Exterior Material: Metal Siding Roofing: Rubber Below Grade: Partial Additional Features: Barrier Free; Fire Sprinkler Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water; Other Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None

Documents

IDX
Listing Office: Lakeshore Commercial Real Estate
Listing Agent: Jason DeWitt
Source MLS Verified
Last Updated: April - 15 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.