85 8Th StHolland, MI 49423

  • Office buildings
  • 2,937 SF
For Sale
$2,525,950 View listing

Property Details for 85 8Th St

Year built
2002
Lot size
0.10 AC
Property size (Sq ft)
2,937 SF
Zone code
C-3
Property type
Office buildings
APN
70-16-29-287-704
APU
701629287704

Description

This exceptional 3,237 square foot commercial space, located at 85 E 8th Street, Unit 250 in Holland, Michigan, presents a unique opportunity for businesses seeking a vibrant and productive work environment. Situated on the second floor of Plaza Center, this unit boasts a desirable location within a 1.82-acre lot, offering excellent visibility and accessibility. The interior features a thoughtfully designed layout, including a convenient kitchenette and a dedicated conference room, perfect for meetings and client presentations. The expansive open area provides exceptional flexibility, catering to various business needs. Whether you envision a collaborative co-working space or prefer the privacy of individually constructed offices, this space can be easily adapted to suit your specific requirements. Large windows spanning the south side of the building offer breathtaking views of 8th Street, creating a bright and inspiring atmosphere. The asking price for this remarkable property is $910,000. This is an unparalleled opportunity to establish your business in a highly sought-after location within the thriving Holland community. Don't miss out on this chance to secure a premium commercial space that combines functionality, aesthetics, and an enviable location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $536,422
    6.5%
    $495,159
    7%
    $459,790
  • Comparable approach

    Method
    Valuation
    Relative Method
    $382,544
    Geo Method
    $382,544
  • Alternative Use

    Use
    Valuation
    Residential
    $613,997
    Hospitality
    $562,418
    Educational
    $467,925
    Medical
    $484,018
    Retail
    $727,884

Location Insight

City
Holland
County
Ottawa
State
Michigan
Latitude
42.7908
Longitude
-86.1035
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,051
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-
-
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FAQs

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