840 Black River DrHolland, MI 49424

Property Details for 840 Black River Dr

Year built

2000

Lot size

3.07 AC

Property size (Sq ft)

17,400 SF

Zone code

C-3

Property type

Strip malls

Property subtype

Neighborhood centers

APN

70-16-25-475-006

APU

701625475006

Description

This exceptional retail property, located at 840 N Black River Dr, Holland, MI 49424, offers 17,400 square feet of newly renovated space, divisible into units ranging from 1,200 to 4,800 square feet. The single-story, 11-suite building, constructed in 2000, boasts a prime location with excellent visibility on Adams St and Black River Drive, featuring 75 feet of storefront glass windows. The property's C-3 zoning allows for a variety of uses, and ample parking caters to diverse business needs. A significant 3,600 square foot space will be available July 1st, featuring a large retail/showroom area, a smaller storage area, and two bathrooms. Building signage is available on two sides, including a pylon sign. The convenient location provides easy access to I-196, Chicago Drive, Downtown Holland, and Downtown Zeeland. Smaller suites can be combined to create larger spaces, offering flexibility for various business requirements. The property's APN is 70-16-25-475-006. This is an excellent opportunity for businesses seeking high-visibility retail space in a thriving Michigan community.

• CAP approach

  CAP return

  Valuation

  6%

  $4,003,368

  6.5%

  $3,695,416

  7%

  $3,431,458

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,711,202

  Geo Method

  $5,711,202

• Alternative Use

  Use

  Valuation

  Residential

  $3,117,222

  Hospitality

  $2,855,358

  Educational

  $2,375,625

  Medical

  $2,457,326

  Retail

  $3,695,416

Location Insight

City

Holland

County

Ottawa

State

Michigan

Latitude

42.7843

Longitude

-86.0215

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].