Cross Streets: US 31 & Century Lane
Property Sub-Type: Industrial
Municipality: Holland City
Auction or For Sale: For Sale
List Price/SqFt: 32.78
Prop Avail for Lease?: Yes
Current Bldg Use: Industrial
New Construction: No
Lot Dimensions: 288 x 1,917.46 x 39.25 x 1,930.09
Road Frontage: 288
Waterfront: No
Total # Units: 3
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 99132
School District: Holland
Lot Measurement: Acres
Lot Acres: 7.3
Lot Square Footage: 317988
Year Built: 1948
Full Baths: 3
Taxable Value: 822675
SEV: 860300
For Tax Year: 2024
Seller's Annual Property Tax: 49876.14
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: None known
Zoning: I-1
Tax ID #: 70-16-33-200-012
Public Remarks: 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 ½ 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.
Legal: PART OF NE 1/4 COM N 1/4, TH S 89D 08M 02S E 652.58 FT TO PT OF BEG, TH CONT S 89D 08M 02S E 286.2 FT, S 0D 32M 06S W 1
# Loading Docks/Well: 6
Total Parking Spaces: 40
Grd Lvl OH Doors: 2
Ceiling Height: 16
Power/Phase: 440 3 Phase
Business: 1
Investment: 1
Net Leased (nnn): 1
Electricity Connected: 1
Natural Gas Connected: 1
Distribution: 1
Professional/Office: 1
Storage: 1
Other: 1
Forced Air: 1
Hot Water: 1
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
County: Ottawa
Street #: 510
Street Direction: E
Street Name: 16th
Suffix: Street
State: MI
Zip Code: 49423
Zip (4): 3702
Area: Holland/Saugatuck - H
Status: Active
Current Price: $3,250,000
List Price: $3,250,000
Listing Date: 2025-05-03
Directions: US 31 to 16th Street, West to address. Building located on the South Side of the street just West the Menards entrance.
Property Use: Business; Investment; Net Leased (nnn)
Uses: Distribution; Professional/Office; Storage; Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Block; Concrete
Exterior Material: Brick; Stone
Roofing: Rubber
Foundation: Slab
Below Grade: None
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air; Hot Water
Air Conditioning: None
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Survey
Sale Conditions: None
Possession: Negotiable