Downtown Flex and Warehouse
147 E 6th Street Holland, MI 49423
For Sale
$4,200,000
COMMERCIAL - Holland, MI
Property Size76,225 SF
Lot Size2.02 Acres
Price / SF$55.10
Days on Market402
Property Features for 147 E 6th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
- Standard status
- Active
- APN
- 70-16-29-277-002
- Size
- 76,225 SF
- Lot size
- 2.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 1, 2, 11 & 12 ALSO E 100 FT OF LOTS 3 & 10 BLK 22 ORIGINAL PLAT CITY OF HOLLAND SEC 29 T5N R15W
- Tax Annual Amount
- 26375
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 1956
- Number of units
- 1
- Building materials
- Block, Metal Siding
Listing Agency:
Coldwell Banker Woodland Schmidt
(616) 396-5221
Listed By:
Kevin Alderink · License #6506045551
(616) 836-0999
Added: Jun 20, 2025
Changed: Jul 25
Last Checked: Jul 26 at 10:06AM
MLS# 25029785
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 downtown flex and warehouse building offers light manufacturing and warehousing space, with the option to convert portions for retail. Office space is located in the front southwest corner, with additional potential retail space in the southeast corner, and second-floor space described as having unlimited potential. The building includes multiple loading docks and two large, ground-level overhead doors along 6th St. The back portion was originally insulated for deep-freeze environmental control.
Additional site and building infrastructure include a heated street and sidewalk snow-melt system, underground utilities, and a hot water line stubbed to the building for heat.
The overall space can be demised to fit a variety of configurations, including potential uses spanning warehouse, light industrial, office, and retail layouts.
Additional site and building infrastructure include a heated street and sidewalk snow-melt system, underground utilities, and a hot water line stubbed to the building for heat.
The overall space can be demised to fit a variety of configurations, including potential uses spanning warehouse, light industrial, office, and retail layouts.
Key Highlights
- 2‑acre redevelopment site in downtown Holland between Freedom Village and the outdoor ice skating rink on 6th St
- Building overlooks the Window on the Waterfront and Windmill Island, with Holland City property to the north and west
- Light manufacturing/warehousing space with office in the front SW corner and potential retail space in the SE corner
Financial Insights For Flex RnD
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 | $457.4k | $6.00 |
| − Vacancy | −$38.0k | −$0.50 |
| EGI | $419.4k | $5.50 |
| − OpEx | −$146.8k | −$1.93 |
| NOI | $272.6k | $3.58 |
76,225 SF · lease $6.00/SF/yr · vacancy 8.30% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$18.33M
$16.04M – $21.39M
NOI $1,283,333 @ 7.0% cap · market cap 30.56%
Second Best
Industrial
$16.07M
$14.06M – $18.75M
NOI $1,124,861 @ 7.0% cap · market cap 26.78%
Theoretical Best
Multifamily LT 5
$947.88M
$829.39M – $1,105.86M
NOI $66,351,498 @ 7.0% cap · market cap 1,579.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Hope College Catering Service — 150 E 10th St, Holland, MI 49423
FAQs
What type of property is this?
Flex space - Multi-use building with multiple loading docks, ground-level overhead doors, and office space in the front corner.
Where is this flex space located?
The property is located at 147 E 6th Street Holland, MI.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 2‑acre redevelopment site in downtown Holland between Freedom Village and the outdoor ice skating rink on 6th St; Building overlooks the Window on the Waterfront and Windmill Island, with Holland City property to the north and west; Light manufacturing/warehousing space with office in the front SW corner and potential retail space in the SE corner
