Property Type:
Commercial Sale
Square Footage:
21,890
Lot Size (sq. ft.):
103,237
Status:
Sold
Current Price:
$3,250,000
List Date:
7/22/2024
Last Modified:
4/15/2025
321 Settlers Road, Holland, MI 49423
$2,800,000
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
- Homestead %
- 0
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
Location & Property Info
- Cross Streets
- 8th Street, 16th Street
- Property Sub-Type
- Office
- Area
- Holland/Saugatuck - H
- Municipality
- Holland City
- Ownership Type
- Corporate Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 148.47
- Prop Avail for Lease?
- No
- Current Bldg Use
- 3-5 Year Lease
Remarks & Misc
- Legal
- LOTS 229, 230, 240, & 241. WAVERLY HEIGHTS SUB SEC 28 T5N R15W 16-28-477-013 2/88, LOTS 223 TH7RU 228 & LOTS 242 THRU 2
Street Type
- Paved
- Yes
- Public
- Yes
Property Use
- Investment
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Professional/Office
- Yes
Construction Type
- Block
- Yes
- Steel
- Yes
Exterior Material
- Metal Siding
- Yes
Roofing
- Rubber
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Below Grade
- Partial
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Non-Applicable
- Yes
Additional Features
- Barrier Free
- Yes
- Fire Sprinkler
- Yes
Util Avail at St
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
Tenant Pays All
- Building Insurance
- Yes
- Common Area Maintena
- Yes
- Electric
- Yes
- Gas
- Yes
- Janitorial
- Yes
- Management Fee
- Yes
- Prop Taxes/Assess
- Yes
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
- Other
- Yes
Driveway
- Paved
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- 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
Flyer ›
Listing Office:
Lakeshore Commercial Real Estate
Listing Agent:
Jason DeWitt
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.
