Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    815 E Main Ave Zeeland, MI 49464

    Sponsored
    For Sale
    Pending
    $750,000

    COMMERCIAL - Zeeland, MI

    Type:Office
    Property size:
    2,304 SF
    Lot size:
    2.52 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 23 at 5:06 pm

    Property Features for 815 E Main Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    70-17-17-300-030
    Parking
    20
    Interior features
    Broadband
    Size
    2,304 SF
    Lot size
    2.52 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Number of units
    1
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Nico Leo

    Coldwell Banker Woodland Schmidt Grand Haven (616) 844-9000

    Listing agent Nico Leo (269) 857-1705

    Listing date Jan 23, 2026

    MLS# 26002777

    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.

    Learn more

    Property Insight Report

    Overview

    Versatile Commercial Space in Zeeland

    This 2,304 square-foot commercial space is positioned at the east entrance to the city of Zeeland, offering easy access to I-196. The location provides high accessibility and visibility, making it suitable for a wide range of commercial uses, including retail, office, and food service. Redevelopment opportunities are also possible. The property, formerly a Macatawa Bank Branch office, includes a large parking lot and a drive-thru. The lot size is 2.52 acres. There are no recorded use restrictions placed on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Macatawa Bank Bank

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Zeeland
    County
    Ottawa
    State
    Michigan
    Longitude
    -85.999087
    Latitude
    42.812837

    Nearby Similar for Sale

    • New
      $354,900
      Pending

      Zeeland Two-Family Investment Property

      Two-unit property in downtown Zeeland with flexible living options.
      160 W Main Ave, Zeeland, MI 49464
      View Details
    • $599,900
      2,128 SF

      Finished Zeeland Commercial Hangout Space

      Fully finished commercial unit with recreational and entertainment amenities.
      791 Case Karsten Dr, Zeeland, MI 49464
      View Details
    • $99,900
      750 SF

      Zeeland Storage Units For Sale

      Five storage units in a secured compound, ideal for vehicle storage.
      9388 Adams Street Trl, Zeeland, MI 49464
      View Details
    • $99,900
      750 SF

      Zeeland Storage Units For Sale

      Five storage units in a secured compound, ideal for vehicle storage.
      9388 Adams Street Trl, Zeeland, MI 49464
      View Details
    • $99,900
      750 SF

      Zeeland Storage Units For Sale

      Five storage units in a secured compound, ideal for vehicle storage.
      9388 Adams Street Trl, Zeeland, MI 49464
      View Details
    • $99,900
      750 SF

      Zeeland Storage Units For Sale

      Five storage units in a secured compound, ideal for vehicle storage.
      9388 Adams Street Trl, Zeeland, MI 49464
      View Details
    • $99,900
      750 SF

      Zeeland Storage Units For Sale

      Five storage units in a secured compound, ideal for vehicle storage.
      9388 Adams Street Trl, Zeeland, MI 49464
      View Details
    • $335,000
      1,648 SF

      Regency Lake Waterfront Condo

      Spacious 2-bedroom condo with waterfront views and modern updates.
      3166 Regency Pkwy, Zeeland, MI 49464
      View Details
    • $335,000
      1,648 SF

      Regency Lake Waterfront Condo

      Spacious 2-bedroom condo with sunroom and lake views.
      3166 Regency Pkwy, Zeeland, MI 49464
      View Details

    FAQs

    What type of property is this?
    Office space - 2,304 SF commercial space with high visibility and accessibility.
    Where is this office space located?
    The property is located at 815 E Main Ave Zeeland, MI.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Highly visible location at the east entrance to Zeeland with easy access to I-196.; - Versatile 2,304 square-foot commercial space suitable for retail, office, food service, or redevelopment.; - Former Macatawa Bank Branch office with existing drive-thru and large parking lot.
    (269) 857-1705
    Request Owner's contact information
    815 E Main Ave Zeeland, MI 49464
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    815 E Main Ave
    Zeeland, MI 49464
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    815 E Main Ave Zeeland, MI 49464
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nico Leo
    (269) 857-1705
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.