2863 Shore DrHolland, MI 49424

Property Details for 2863 Shore Dr

Year built

1990

Lot size

1.63 AC

Property size (Sq ft)

24,808 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

70-16-16-180-006

APU

701616180006

Description

This exceptional retail opportunity is located at 2863 W Shore Dr in Holland, Michigan, within the West Shore Center strip mall. The property, built in 1990, offers four available spaces ranging from 1,170 to 3,632 square feet, perfect for a variety of retail businesses. The 24,808 square foot center sits on 1.635 acres of land and provides 70 parking spaces for ample customer convenience. Its prime location at the corner of US-31 and Felch Street ensures high visibility and traffic counts. The C2 zoning allows for a range of retail uses. The property features a strong tenant mix, creating a vibrant and attractive shopping environment. This is an ideal location for businesses seeking high foot traffic and excellent exposure in a well-established retail center. The property's address is 2863 W Shore Dr, Holland, MI 49424, with the APN 70-16-16-180-006 in Ottawa County. No elevators are present on the property. This is a prime opportunity to establish or expand your retail presence in a thriving Michigan market. Contact us today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $6,660,578

  6.5%

  $6,148,226

  7%

  $5,709,066

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,142,730

  Geo Method

  $8,142,730

• Alternative Use

  Use

  Valuation

  Residential

  $5,186,258

  Hospitality

  $4,750,584

  Educational

  $3,952,430

  Medical

  $4,088,361

  Retail

  $6,148,226

Location Insight

City

Holland

County

Ottawa

State

Michigan

Latitude

42.8205

Longitude

-86.0908

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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