Active
510 E 16th Street
Holland MI, 49423
$3,650,000
$36.82 per sqft
Active
3 Baths
99,132 sqft
Commercial
Built in 1948
Courtesy of James Edewaard, Coldwell Banker Woodland Schmidt Commercial
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
24015881
MLSⓇ ID
April 4, 2024
Listed
December 19, 2024
Updated
Map
510 E 16th Street
Holland MI, 49423
Interior Features
Total Stories
1
Total Bathrooms
3
Full Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air, Hot Water
Exterior/Building Features
Lot Size
7.3 Acres
Roof
Rubber
Sewer
Public Sewer
School Information
School District
Holland
Other Property Details
Area Name
Holland/Saugatuck - H
Taxes
$47,678
Tax Frequency
Annually
Days on Market
260
Garage
No
Parking Total
40
View
No
County
Ottawa
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/7/2024 | Price change | $3,650,000 -8% |
Courtesy of Coldwell Banker Woodland Schmidt Commercial
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Data last updated 12/19/2024