Modern Flex Space For
1500 Kooiman Avenue Grand Haven, MI 49417
1500 Kooiman Avenue, Grand Haven, MI, 49417
$338,000
For Sale
$338,000
COMMERCIAL - Grand Haven, MI
Property Size1,728 SF
Price / SF$195.60
Days on Market327
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
- 1,728 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 Agency
RE/MAX Lakeshore
(616) 935-1150
133 Washington Avenue, Holland, MI
Listed by
Sandi L Gentry · License #6506045021
(616) 638-3900
Added: Aug 26, 2025 Checked: Jul 18 at 12:06 pm
MLS# 25043908
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 designed to meet the needs of entrepreneurs, small business owners, and professionals seeking a unique space for growth. Currently under development, these innovative units offer a blend of workspace and storage. Commercial spaces are available in 1,248 sq ft and 1,728 sq ft options. Features include Schlage smart entry systems, mezzanine options for added office or storage space, Anderson sliding doors and windows for natural light, and versatile layouts. Each unit includes a 14' x 16' insulated overhead door with an additional 3' entry door, making them suitable for studios, workshops, service businesses, or professional offices. Generous allowances for finishes and multiple upgrade options allow customization. The property is located in Grand Haven, MI, in Ottawa County, with the postal code 49417.
Key Highlights
- Flexible commercial spaces available in 1,248 sq ft and 1,728 sq ft options.
- Under construction, allowing for customization with generous allowances for finishes and multiple upgrade options.
- Features a 14' x 16' insulated overhead door with an additional 3' entry door.
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 | $37.3k | $21.60 |
| − Vacancy | −$896 | −$0.52 |
| EGI | $36.4k | $21.08 |
| − OpEx | −$10.9k | −$6.32 |
| NOI | $25.5k | $14.76 |
1,728 SF · lease $21.60/SF/yr · vacancy 2.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$364.3K
$318.8K – $425.0K
NOI $25,500 @ 7.0% cap · market cap 7.54%
Second Best
Office B
$271.9K
$238.0K – $317.3K
NOI $19,036 @ 7.0% cap · market cap 5.63%
Theoretical Best
Multifamily LT 5
$21.49M
$18.80M – $25.07M
NOI $1,504,170 @ 7.0% cap · market cap 445.02%
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 For Sale Nearby
FAQs
What type of property is this?
Flex space - Modern, flexible commercial spaces designed for entrepreneurs and small businesses.
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 $338,000.
What are key features of this property?
This property features: Flexible commercial spaces available in 1,248 sq ft and 1,728 sq ft options.; Under construction, allowing for customization with generous allowances for finishes and multiple upgrade options.; Features a **14' x 16' insulated overhead door with an additional 3' entry door.**
