127 River AveHolland, MI 49424

Property Details for 127 River Ave

Year built

1940

Lot size

0.25 AC

Property size (Sq ft)

2,128 SF

Zone code

C-2

Property type

Office buildings

APN

70-16-20-300-006

APU

701620300006

Description

This exceptional 2,128-square-foot commercial building in Holland, Michigan, presents a unique investment opportunity. Located at 127 N River Ave, 49424, this single-tenant property boasts a highly desirable location with exceptional visibility. Over 30,000 vehicles pass by daily, ensuring maximum exposure for your business. The building's versatile design is suitable for a variety of uses, including traditional office, coworking, creative office, or executive office spaces, even retail or restaurant uses. Currently entirely vacant, the space offers immediate occupancy. The property is adaptable to your specific business needs

• CAP approach

  CAP return

  Valuation

  6%

  $388,664

  6.5%

  $358,767

  7%

  $333,141

• Comparable approach

  Method

  Valuation

  Relative Method

  $277,172

  Geo Method

  $277,172

• Alternative Use

  Use

  Valuation

  Residential

  $444,871

  Hospitality

  $407,499

  Educational

  $339,035

  Medical

  $350,695

  Retail

  $527,387

Location Insight

City

Holland

County

Ottawa

State

Michigan

Latitude

42.8017

Longitude

-86.112

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].