287 Howard AveHolland, MI 49424

Property Details for 287 Howard Ave

Year built

1994

Lot size

0.25 AC

Property size (Sq ft)

1,277 SF

Zone code

C-2

Property type

Retail space

APN

70-16-19-477-014

APU

701619477014

Description

This exceptional 1,300 square foot industrial property located at 287 Howard in Holland, Michigan, presents a unique investment opportunity. Situated on a 0.25-acre lot, this property offers significant potential for commercial development or immediate use as a turnkey short-term rental. The existing structure has undergone a complete remodel, resulting in a beautifully updated space ready for occupancy. A key advantage is the inclusion of an adjacent parcel located on Douglas Avenue, a high-traffic area, significantly enhancing visibility and accessibility. This strategic location offers excellent potential for businesses seeking high foot traffic and convenient access for customers and employees. The property's versatility makes it suitable for a range of commercial uses, from light manufacturing and warehousing to retail or service-based businesses. The combination of the remodeled building and the high-traffic adjacent parcel provides a rare opportunity to acquire a well-positioned property in a thriving Michigan community. The property's legal description includes Parcel # 70-16-19-477-013. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $342,855

  6.5%

  $316,482

  7%

  $293,876

• Comparable approach

  Method

  Valuation

  Relative Method

  $419,150

  Geo Method

  $419,150

• Alternative Use

  Use

  Valuation

  Residential

  $266,964

  Hospitality

  $244,538

  Educational

  $203,453

  Medical

  $210,450

  Retail

  $316,482

Location Insight

City

Holland

County

Ottawa

State

Michigan

Latitude

42.7982

Longitude

-86.1208

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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