99 23Rd StHolland, MI 49423

Property Details for 99 23Rd St

Year built

2004

Lot size

0.25 AC

Property size (Sq ft)

2,307 SF

Zone code

C-5

Property type

Medical offices

Property subtype

Medical space

APN

70-16-32-181-006

APU

701632181006

Description

This exceptional 2,307-square-foot medical office building, located at 99 W 23rd St, Holland, MI 49423, presents a unique investment or leasing opportunity. Situated on the corner of W 23rd St and Pine Ave in Ottawa County, this single-tenant property boasts a convenient location and ample street parking along Pine Ave and W 23rd St. The building, a meticulously maintained single-story structure, offers 10 total parking spaces. Previously utilized as a dental office, the property retains its existing medical-grade plumbing and layout, making it ideally suited for a variety of medical practices. However, its adaptable design allows for easy repurposing to accommodate a wide range of office uses. The building's 2,307 square feet are currently vacant, providing immediate occupancy for a new tenant. This turnkey property offers a rare chance to acquire a well-maintained, strategically located office building in a thriving Michigan community. The property's single-story design and ample parking make it highly accessible and convenient for both staff and clients. This is an excellent opportunity for businesses seeking a move-in ready space with existing infrastructure. The address is 99 W 23rd St, Holland, MI 49423.

• CAP approach

  CAP return

  Valuation

  6%

  $421,357

  6.5%

  $388,945

  7%

  $361,163

• Comparable approach

  Method

  Valuation

  Relative Method

  $300,487

  Geo Method

  $300,487

• Alternative Use

  Use

  Valuation

  Residential

  $482,292

  Hospitality

  $441,777

  Educational

  $367,553

  Medical

  $380,194

  Retail

  $571,749

Location Insight

City

Holland

County

Ottawa

State

Michigan

Latitude

42.7769

Longitude

-86.1116

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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