Holland, MI 49423 510 E 16th Street
$3,650,000
12 more
Presented By: James Edewaard at Coldwell Banker Woodland Schmidt Commercial - (616) 396-8649
Home Details
Three unit Older Industrial Property of approximately 100,000 s.f., Zoned I-1, on 7.3 acres in the City of Holland. Present rail spur is not activated. Complete new roof and insulation on the entire building. New LED lighting throughout, separate gas and electric metering. Front approximately ½ of the building (Section A) to be vacated early summer 2024, this is a great owner occupant opportunity with the balance of the building leased out. Key location just West of US-31 alongside Menards with easy access to I-196. (Section A) Approximately 50,000 s.f. of Concrete block and brick building with wood deck, 440 power, 14' ceilings, two loading docks, new lighting, approximately 2,000 s.f. of office, good power distribution, new roof/insulation. Will be vacant early summer 2024. (Section B) 20,812 s.f. of Concrete Block and brick with concrete roof deck, 4 dock height doors, and a large drive through door, heavy power, sprinkling, new LED lighting, new ADA bathrooms, new heating, new paint, 16' ceilings, 21'x30' bay spacing. Presently leased as storage through 2/28/26, for $3.86 per s.f. plus utilities with 3% annual COLA. (Section C) 23,335 s.f. of Concrete Block and brick section with steel bar joist and decking, 17' ceilings, new roof/insulation, new fire protection, LED lighting, HVAC, heavy power, new ADA bathrooms, new paint, two docks, one large drive through door, 30'x43' bay spacing. Presently leased as storage through 2/28/27, for $3.50 per s.f. + NNN with 3% COLA
Presented By: James Edewaard at Coldwell Banker Woodland Schmidt Commercial - (616) 396-8649
Interior Features for 510 E 16th Street
Bathrooms
Total Baths3
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Heating Y/NYes
Total Stories1
General for 510 E 16th Street
Additional Parcels Y/NNo
Business TypeOther, Professional/Office, Distribution, Storage
CityHolland
Construction MaterialsBrick, Stone
CountyOttawa
DirectionsUS 31 to 16th Street, West to address. Building located on the South Side of the street just West the Menards entrance.
Electric On Property Y/NNo
Full Baths3
HeatingForced Air, Hot Water
High School DistrictHolland
Land Lease Y/NNo
Lease Considered Y/NYes
Lease Renewal Y/NNo
Legal DescriptionSee Attached
Lot Size Square Feet317988.0
Lot Size UnitsAcres
MLS AreaHolland/Saugatuck - H
MLS Area MinorHolland/Saugatuck - H
MobileHomeRemainsYNNo
ModificationTimestamp2024-09-18T13:27:19Z
New ConstructionNo
NumberOfUnitsTotal3
Ownership TypeLLC
PossessionNegotiable
Property SubTypeIndustrial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofRubber
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount47677.68
Tax Assessed Value822675
Tax Year2023
TermsConventional, Cash
TownshipHolland City
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
Virtual TourClick here
Waterfront Y/NNo
Year Built1948
Zoning DescriptionI-1
Exterior for 510 E 16th Street
Building Area Total99132.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsReal Estate
Irrigation Water Rights Y/NNo
Lot Dimensions288 x 1, 917.46 x 39.25 x 1, 930.09
Lot Size Acres7.3
Lot Size Area7.3
Number of Buildings1
Open Parking Y/NNo
Road Surface TypePaved
SpaNo
Total Parking40.0
Water SourcePublic
Additional Details
Price History
Stacey Matthys
Broker