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. 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
Details
MLS#
24015881
Listing Type
For Sale
Style
Industrial
Sub-Type
Resale
Status
Active
Year
1948
Days On Site
298
Listing Provided By
Lakeshore Commercial Real Estate | James Edewaard
Features
Bath(s)
3 Total
SQ Feet
99,132
Story(s)
1
Units
3
Building(s)
1
Zoning
I-1
Acreage
7.30
Market Activity 49423
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Dec 2024
Sales: 12
Avg $ Per SqFt: $203.98
Min Sale Price: $200,000
Max Sale Price: $760,000
Med Sale Price: $330,500
Date: Nov 2024
Sales: 27
Avg $ Per SqFt: $181.63
Min Sale Price: $6
Max Sale Price: $980,000
Med Sale Price: $291,000
Date: Oct 2024
Sales: 51
Avg $ Per SqFt: $199.09
Min Sale Price: $215,000
Max Sale Price: $980,000
Med Sale Price: $325,000
Date: Sep 2024
Sales: 60
Avg $ Per SqFt: $227.08
Min Sale Price: $133,000
Max Sale Price: $1,450,000
Med Sale Price: $300,000
Date: Aug 2024
Sales: 53
Avg $ Per SqFt: $197.82
Min Sale Price: $1,895
Max Sale Price: $1,150,000
Med Sale Price: $289,900
Date: Jul 2024
Sales: 63
Avg $ Per SqFt: $184.28
Min Sale Price: $7
Max Sale Price: $1,800,000
Med Sale Price: $350,000
Date: Jun 2024
Sales: 55
Avg $ Per SqFt: $204.25
Min Sale Price: $5
Max Sale Price: $2,750,000
Med Sale Price: $319,000
Date: May 2024
Sales: 72
Avg $ Per SqFt: $197.56
Min Sale Price: $7
Max Sale Price: $2,078,657
Med Sale Price: $339,250
Date: Apr 2024
Sales: 50
Avg $ Per SqFt: $196.98
Min Sale Price: $1
Max Sale Price: $1,200,000
Med Sale Price: $305,000
Date: Mar 2024
Sales: 50
Avg $ Per SqFt: $212.05
Min Sale Price: $935
Max Sale Price: $1,900,000
Med Sale Price: $315,550
Date: Feb 2024
Sales: 42
Avg $ Per SqFt: $197.49
Min Sale Price: $7
Max Sale Price: $887,500
Med Sale Price: $319,000
Date: Jan 2024
Sales: 24
Avg $ Per SqFt: $181.14
Min Sale Price: $1,785
Max Sale Price: $1,050,000
Med Sale Price: $281,250
Sourced by Back At You
Dec 2024
Sales:
12
Avg $ Per SqFt:
$203.98
Min Sale Price:
$200,000
Max Sale Price:
$760,000
Med Sale Price:
$330,500
Nov 2024
Sales:
27
Avg $ Per SqFt:
$181.63
Min Sale Price:
$6
Max Sale Price:
$980,000
Med Sale Price:
$291,000
Oct 2024
Sales:
51
Avg $ Per SqFt:
$199.09
Min Sale Price:
$215,000
Max Sale Price:
$980,000
Med Sale Price:
$325,000
Sep 2024
Sales:
60
Avg $ Per SqFt:
$227.08
Min Sale Price:
$133,000
Max Sale Price:
$1,450,000
Med Sale Price:
$300,000
Aug 2024
Sales:
53
Avg $ Per SqFt:
$197.82
Min Sale Price:
$1,895
Max Sale Price:
$1,150,000
Med Sale Price:
$289,900
Jul 2024
Sales:
63
Avg $ Per SqFt:
$184.28
Min Sale Price:
$7
Max Sale Price:
$1,800,000
Med Sale Price:
$350,000
Jun 2024
Sales:
55
Avg $ Per SqFt:
$204.25
Min Sale Price:
$5
Max Sale Price:
$2,750,000
Med Sale Price:
$319,000
May 2024
Sales:
72
Avg $ Per SqFt:
$197.56
Min Sale Price:
$7
Max Sale Price:
$2,078,657
Med Sale Price:
$339,250
Apr 2024
Sales:
50
Avg $ Per SqFt:
$196.98
Min Sale Price:
$1
Max Sale Price:
$1,200,000
Med Sale Price:
$305,000
Mar 2024
Sales:
50
Avg $ Per SqFt:
$212.05
Min Sale Price:
$935
Max Sale Price:
$1,900,000
Med Sale Price:
$315,550
Feb 2024
Sales:
42
Avg $ Per SqFt:
$197.49
Min Sale Price:
$7
Max Sale Price:
$887,500
Med Sale Price:
$319,000
Jan 2024
Sales:
24
Avg $ Per SqFt:
$181.14
Min Sale Price:
$1,785
Max Sale Price:
$1,050,000
Med Sale Price:
$281,250
MLS Number: 24015881
James Edewaard – (616) 403-6131 – jim@lakeshorecommercial.com
Lakeshore Commercial Real Estate – (616) 394-4500 – karen.sale203@gmail.com
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center.
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MLS Number: 24015881
James Edewaard – (616) 403-6131 – jim@lakeshorecommercial.com
Lakeshore Commercial Real Estate – (616) 394-4500 – karen.sale203@gmail.com
