Second-Floor Office
For Sale
$910,000
85 E 8th Street, Holland, MI 49423
Commercial Sale, Holland, MI
Property Size3,237 SF
Lot Size1.82 Acres
Price / SF$281.12
Days on Market949
Property Features for 85 E 8th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
F-CDT
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Interior features
Broadband
Elementary school district
Holland
Middle school district
Holland
High school district
Holland
Directions
Northeast corner of E 8th Street and College Ave
Subdivision
Holland/Saugatuck - H
Standard status
Active
APN
70-16-29-287-710
Size
3,237 SF
Lot size
1.82 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
UNIT 110. PLAZA EAST AS AMENDED IN OTTAWA COUNTY REGISTER OF DEEDS LIBER 5608 PAGE 229 CONDO PLAN # 533. SEC 29 T5N R15
Tax Annual Amount
23942
Legal Description
UNIT 110. PLAZA EAST AS AMENDED IN OTTAWA COUNTY REGISTER OF DEEDS LIBER 5608 PAGE 229 CONDO PLAN # 533. SEC 29 T5N R15
Utilities
Utilities
Cable Available
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Amenities
kitchenette
conference room
Building Details
Year built
2002
Floors in Building
3
Number of units
1
Building materials
Brick
Listing Agency:
Lakeshore Commercial Real Estate
Listed By:
Jason DeWitt
(616) 394-4500
Added: Mar 1, 2024
Changed: Sep 7
Last Checked: Oct 6 at 2:06AM
MLS# 24010605
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.
Suite 250 is a 3,237-square-foot office unit on the second floor of Plaza Center. The space combines a broad open work area with a kitchenette and conference room, while windows along the south side provide views toward E 8th Street. The layout can support collaborative work areas or a private-office configuration, subject to applicable requirements.
The property at 85 E 8th Street in Holland, Michigan, was built in 2002 with brick construction. Building features include central air, heat-pump heating, broadband, and cable availability. One bathroom is identified for the unit.
The property at 85 E 8th Street in Holland, Michigan, was built in 2002 with brick construction. Building features include central air, heat-pump heating, broadband, and cable availability. One bathroom is identified for the unit.
Key Highlights
- 3,237 SF second‑floor office unit in Suite 250
- Open work area with potential for collaborative or private‑office layouts
- Kitchenette and conference room included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,660
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,200
$713.2K
Cap Rate 7%
$509,429
$509.4K
Cap Rate 9%
$396,222
$396.2K
Market Conditions
NOI Build-Up for 3,237 SF
Gross rent
$55.2K $17.04/SF
− Vacancy
−$7.6K −$2.35/SF
EGI
$47.5K $14.69/SF
− OpEx
−$11.9K −$3.67/SF
NOI
$35.7K $11.02/SF
Area
Ottawa County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,200
Cap Rate 7%
$509,429
Cap Rate 9%
$396,222
Alternative Uses
Best Use
Office B
$509.4K
$445.8K – $594.3K
NOI $35,660 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$40.25M
$35.22M – $46.96M
NOI $2,817,708 @ 7.0% cap · market cap 309.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,269
Businesses Nearby
Explore this area
Business Placement
Demographics for 49423, MI
46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Open-plan workspace with a kitchenette, conference room, and window-lined south exposure.
Where is this office units located?
The property is located at 85 E 8th Street Holland, MI.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: 3,237 SF second‑floor office unit in Suite 250; Open work area with potential for collaborative or private‑office layouts; Kitchenette and conference room included
