503 Douglas AveHolland, MI 49424

  • Commercial real estate
  • 1,440 SF
For Sale
$1,549,000 View listing

Property Details for 503 Douglas Ave

Property size (Sq ft)
1,440 SF
Zone code
SEE MAP
Property type
Commercial real estate
APN
70-16-19-376-025
APU
701619376025

Description

This exceptional 12,000-square-foot, single-story boat storage facility, built in 2022, is situated on a prime location within the exclusive gated community of Douglas Woods in Holland, Michigan. The property, identified by APN 70-16-19-376-001, offers convenient access for boat owners, being only 0.7 miles from the Dunton Park boat launch and near marine service businesses. Designed to accommodate boats up to 60 feet in length, the facility provides secure, gated storage with easy access via 22-foot-tall door openings. Currently vacant, this owner-user investment opportunity is priced at $1,549,000, or $129.08 per square foot. The property presents a unique chance to acquire a modern, well-located storage facility in a thriving community. Its proximity to the boat launch and related services makes it an attractive option for boat owners seeking convenient and secure storage. The building's design prioritizes ease of use, with high door openings facilitating efficient loading and unloading. This represents a strong investment opportunity in a high-demand market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $301,040
    Hospitality
    $275,751
    Educational
    $229,422
    Medical
    $237,312
    Retail
    $356,879

Location Insight

City
Holland
County
Ottawa
State
Michigan
Latitude
42.7997
Longitude
-86.1311
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
$3,506
-
-
$81,800
-
-
-
$163,600

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