MI > Ottawa > Holland > 510 E 16th Street

$3,950,000

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  • MLS# 24015881
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248-304-6700

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248-208-3883

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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

Property Information

Status
Active 
Address
510 E 16th Street 
City
Holland 
Zip
49423 
Year Built
1948 
Business Type
Distribution, Other, Professional/Office, Storage 
County
Ottawa 
Above Grade SqFt
99,132 
Possession
Negotiable 
Parking
Paved 
Price/SqFt
39.85 

School Information

School District
Holland 

Taxes

Features

Total No. of Units
Zoning
I-1 
Water
Public 
Sub Property Type
Industrial 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
24015881 Active Apr 4 2024 2:02PM $3,950,000 26
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Coldwell Banker Woodland Schmidt Commercial
Office Address 456 E. 16th St.
Listing Agent James Edewaard

510 E 16th Street Holland
Contact us
$3,950,000
For Sale • Acres: 7.0 • Zoning: I-1