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Flex Space with Overhead Door

1500 Kooiman Avenue Grand Haven, MI 49417

1500 Kooiman Avenue, Grand Haven, MI, 49417
$276,000
For Sale
Claim this Listing
$276,000

COMMERCIAL - Grand Haven, MI

Property Size1,248 SF
Price / SF$221.15
AddedAug 26, 2025
Days on Market324
Last RefreshJul 15 at 3:06 pm

Property Features for 1500 Kooiman Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Interior features
Broadband
Standard status
Active
APN
70-03-28-301-019
Size
1,248 SF

Taxes and HOA fees

Tax Description
See Attached

Utilities

Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
2026
Floors in Building
1
Number of units
1
Building materials
Block, Metal Siding

Listing agent Sandi L Gentry License #6506045021

Listing office RE/MAX Lakeshore 133 Washington Avenue, Holland, MI

Listing date Aug 26, 2025

MLS# 25046020

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.

Kooiman Place is a modern, flexible development currently under construction, offering commercial units designed to combine workspace and storage. Units are available in 1,248 and 1,728 square foot options and include features such as Schlage smart entry systems and Anderson sliding doors and windows to bring in natural light. Flexible layouts can support a variety of uses, and mezzanine options are available for additional office or storage space. Each unit includes a 14' x 16' insulated overhead door along with an additional 3' entry door, supporting everything from studio and workshop operations to service businesses and professional office use. Finish allowances and multiple upgrade options are included to help tailor the space to the needs of the business.

The property is located at 1500 Kooiman Avenue in Grand Haven, Michigan (Ottawa County). Prospective occupants and buyers can plan around the building’s ongoing development timeline while evaluating the configuration options offered within the Kooiman Place concept.

This offering is best suited for owners, tenants, and small operators who need an adaptable interior alongside functional loading and access equipment. The presence of the insulated overhead door, paired with the option for mezzanine space, supports businesses that value both day-to-day work space and on-site storage or light production needs.

Key Highlights

  • Modern, flexible commercial spaces designed for entrepreneurs and small businesses.
  • Available in 1,248 sq ft and 1,728 sq ft options.
  • Mezzanine options for added office or storage space.

Local Financial Insights For Industrial

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 $27.0k $21.60
− Vacancy −$647 −$0.52
EGI $26.3k $21.08
− OpEx −$7.9k −$6.32
NOI $18.4k $14.76
1,248 SF · lease $21.60/SF/yr · vacancy 2.40% · expense 30.00%

Alternative Uses

Best Use
Industrial
$263.1K
$230.2K – $307.0K (±1% cap)
NOI $18,417 @ 7.0% cap · market cap 6.67%
Second Best
Office B
$196.4K
$171.9K – $229.1K (±1% cap)
NOI $13,748 @ 7.0% cap · market cap 4.98%
Theoretical Best
Multifamily LT 5
$15.52M
$13.58M – $18.11M (±1% cap)
NOI $1,086,345 @ 7.0% cap · market cap 393.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Big Box & Wholesale Store Restaurant Building Supply Auto Repair Shop Auto Parts Store Hair Salon Storage Facility Nail Salon Garden Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - For-sale flex units in Grand Haven offering workspace and storage with insulated overhead and entry doors.
Where is this flex space located?
The property is located at 1500 Kooiman Avenue Grand Haven, MI.
What is the asking price?
The asking price for this property is $276,000.
What are key features of this property?
This property features: Modern, flexible commercial spaces designed for entrepreneurs and small businesses.; Available in 1,248 sq ft and 1,728 sq ft options.; Mezzanine options for added office or storage space.
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