Holland Office Space For
85 E 8th Street Holland, MI 49423
85 E 8th Street, Holland, MI, 49423
$2,706,750
For Sale
$2,706,750
COMMERCIAL - Holland, MI
Property Size8,344 SF
Lot Size1.82 Acres
Price / SF$324.39
Days on Market867
Property Features for 85 E 8th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 70-16-29-287-710
- Size
- 8,344 SF
- Lot size
- 1.82 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- UNIT 10. PLAZA CENTER SEC 29 T5N R15W FROM 70-16-29-281-035,-036 2/03 BOUNDARY CHANGE PER 3RD AMENDMENT L5460 P745 9/07
- Tax Annual Amount
- 61339
Utilities
- Utilities
- Cable Available
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2002
- Floors in Building
- 3
- Number of units
- 2
- Building materials
- Brick
Listing Agency
Lakeshore Commercial Real Estate
(616) 394-4500
44 E 8th Street # 510, Holland, MI
Listed by
Jason DeWitt
(616) 394-4500
Added: Mar 1, 2024 Checked: Jul 16 at 8:06 pm
MLS# 24010632
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 230/250 is an 8,344 square foot office space located on the second floor. The suite is currently finished with 5 private offices and multiple open flexible areas suitable for co-working or collaborative spaces, or for the construction of additional private offices. A large break area overlooks the north side of the property and features floor-to-ceiling windows. The open space of suite 250 allows for the construction of additional private offices or large gathering and presentation opportunities. The property is located in Holland, MI, within Ottawa County, and has a lot size of 1.82 acres.
Key Highlights
- 8,344 SF of flexible space on the 2nd floor.
- Finished with 5 private offices and multiple open areas.
- Large break area with floor‑to‑ceiling windows overlooking the north side of the property.
Local Financial Insights For Office B
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 | $142.2k | $17.04 |
| − Vacancy | −$19.6k | −$2.35 |
| EGI | $122.6k | $14.69 |
| − OpEx | −$30.6k | −$3.67 |
| NOI | $91.9k | $11.02 |
8,344 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,921 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$103.76M
$90.79M – $121.05M
NOI $7,263,193 @ 7.0% cap · market cap 268.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Community Foundation of the Holland/Zeeland ...
Charitable Organization
Ottawa Prosecuting Attorney
Law Firm
Smith Haughey Rice ...
Law Firm
Family Investment & Resource
Financial Advisor
Cap Trust Financial ...
Financial Advisor
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Second floor office space with flexible layout and collaborative areas.
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 $2,706,750.
What are key features of this property?
This property features: 8,344 SF of flexible space on the 2nd floor.; Finished with 5 private offices and multiple open areas.; Large break area with floor‑to‑ceiling windows overlooking the north side of the property.
