510 E 16th Street, Holland, MI 49423

$3,250,000
Property Type: Commercial Sale Square Footage: 99,132 Lot Size (sq. ft.): 317,988 Status: Active
Current Price: $3,250,000 List Date: 5/05/2025 Last Modified: 9/02/2025

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 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.

More Information MLS# 25019626

Location & Property Info

Cross Streets: US 31 & Century Lane Property Sub-Type: Industrial Municipality: Holland City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 32.78 Prop Avail for Lease?: Yes Current Bldg Use: Industrial

General Property Info

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

Tax Info

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

Remarks & Misc

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

Additional Details

# Loading Docks/Well: 6 Total Parking Spaces: 40 Grd Lvl OH Doors: 2 Ceiling Height: 16 Power/Phase: 440 3 Phase

Street Type

Paved: 1 Public: 1

Property Use

Business: 1 Investment: 1 Net Leased (nnn): 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Distribution: 1 Professional/Office: 1 Storage: 1 Other: 1

Construction Type

Block: 1 Concrete: 1

Exterior Material

Brick: 1 Stone: 1

Roofing

Rubber: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Ownership

LLC: 1

Below Grade

None: 1

Heat Type

Forced Air: 1 Hot Water: 1

Air Conditioning

None: 1

Docs at List Office

Survey: 1

Business Includes

Real Estate: 1

Foundation

Slab: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1

Driveway

Paved: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Possession

Negotiable: 1

Location Property Info

County: Ottawa Street #: 510 Street Direction: E Street Name: 16th Suffix: Street State: MI Zip Code: 49423 Zip (4): 3702 Area: Holland/Saugatuck - H

OfficeContract Info

Status: Active Current Price: $3,250,000 List Price: $3,250,000 Listing Date: 2025-05-03

Remarks Misc

Directions: US 31 to 16th Street, West to address. Building located on the South Side of the street just West the Menards entrance.

Property Features

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

Documents

Listing Office: Lakeshore Commercial Real Estate
Listing Agent: James Edewaard
IDX
Last Updated: September - 02 - 2025
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