Holland Commercial Building on
1100 Washington Avenue Holland, MI 49423
1100 Washington Avenue, Holland, MI, 49423
$395,000
Pending
For Sale
$395,000
Pending
COMMERCIAL - Holland, MI
Property Size2,424 SF
Lot Size1.03 Acres
Days on Market58
Property Features for 1100 Washington Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 80
- Standard status
- Pending
- APN
- 53-02-06-400-005
- Size
- 2,424 SF
- Lot size
- 1.03 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ALL THAT PT OF S 1/2 NE 1/4 SE 1/4 COM 1077.01 FT S OF E 1/4 COR OF SD SEC, TH S 161.17 FT, W 250 FT, S 90 FT, W 50 FT,
- Tax Annual Amount
- 11310
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air
Building Details
- Year built
- 1966
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Block
- Roof type
- Stone
Listing Agency
Lakeshore Commercial Real Estate
(616) 394-4500
44 E 8th Street # 510, Holland, MI
Listed by
Caleb Driesenga
(616) 283-8205
Added: May 20 Checked: Jul 16 at 7:06 pm
MLS# 26023641
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building offers 2,424 square feet of space on a 1.03-acre lot. It is situated in a well-established retail corridor on Washington Avenue in Holland, Michigan. The location benefits from high traffic volume and proximity to US-31 Business Route (S Washington Ave), just north of Exit 47 I-196/US-31. The surrounding area features a mix of regional and national retailers, including McDonald's, Wendy's, Taco Bell, and Subway, alongside locally owned businesses, making it an ideal location for various business ventures.
Key Highlights
- High‑traffic location on S Washington Avenue.
- Located in a thriving retail corridor.
- Proximity to US‑31 Business Route and I‑196/US‑31 (Exit 47).
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.5k | $15.48 |
| − Vacancy | −$1.6k | −$0.65 |
| EGI | $35.9k | $14.83 |
| − OpEx | −$10.8k | −$4.45 |
| NOI | $25.2k | $10.38 |
2,424 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$359.5K
$314.5K – $419.4K
NOI $25,163 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.14M
$26.38M – $35.17M
NOI $2,110,017 @ 7.0% cap · market cap 534.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Superior Automotive
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - 2,424 SF commercial building on 1.03 acres in Holland.
Where is this storefront property located?
The property is located at 1100 Washington Avenue Holland, MI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: High‑traffic location on S Washington Avenue.; Located in a thriving retail corridor.; Proximity to US‑31 Business Route and I‑196/US‑31 (Exit 47).
