Unfinished Office Unit with Large
For Sale
$825,705
85 E 8th Street, Holland, MI 49423
Commercial Sale, Holland, MI
Property Size3,236 SF
Lot Size1.82 Acres
Price / SF$255.16
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
70-16-29-287-707
Size
3,236 SF
Lot size
1.82 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
UNIT 7. 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
40965
Legal Description
UNIT 7. PLAZA CENTER SEC 29 T5N R15W FROM 70-16-29-281-035,-036 2/03 BOUNDARY CHANGE PER 3RD AMENDMENT L5460 P745 9/07
Utilities
Utilities
Cable Available
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Amenities
north facing windows
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# 24010592
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 210 is a 3,236-square-foot office unit on the second floor of a brick building completed in 2002. The space is currently unfinished, giving the next owner latitude to establish a custom interior plan rather than adapt an existing layout. North-facing windows bring natural light into the suite, while a bathroom is already included.
Building systems include central air conditioning and heat-pump heating. Broadband service and cable availability support office connectivity needs. The property is located in Holland, Michigan, within Ottawa County.
Building systems include central air conditioning and heat-pump heating. Broadband service and cable availability support office connectivity needs. The property is located in Holland, Michigan, within Ottawa County.
Key Highlights
- 3,236 SF second‑floor office unit
- Currently unfinished for custom interior planning
- Multiple large north‑facing windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,649
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,980
$713.0K
Cap Rate 7%
$509,271
$509.3K
Cap Rate 9%
$396,100
$396.1K
Market Conditions
NOI Build-Up for 3,236 SF
Gross rent
$55.1K $17.04/SF
− Vacancy
−$7.6K −$2.35/SF
EGI
$47.5K $14.69/SF
− OpEx
−$11.9K −$3.67/SF
NOI
$35.6K $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%
$712,980
Cap Rate 7%
$509,271
Cap Rate 9%
$396,100
Alternative Uses
Best Use
Office B
$509.3K
$445.6K – $594.2K
NOI $35,649 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$40.24M
$35.21M – $46.95M
NOI $2,816,838 @ 7.0% cap · market cap 341.14%
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office space offers flexible planning, broadband access, and strong natural light from north-facing windows.
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 $825,705.
What are key features of this property?
This property features: 3,236 SF second‑floor office unit; Currently unfinished for custom interior planning; Multiple large north‑facing windows
