Commercial Building in Retail
1100 Washington Ave Holland, MI 49423
2,424 SF building on 1.02 acres in Holland, MI.
Type:Retail, Office
Property size:
2,424 SFLot size:
1.02 AcresPrice / SF:
$162/SF- Added:
- May 20, 2026
- Days on Market:
- 52
- Last Refresh:
- Jul 5 at 2:51 pm
Property Features for 1100 Washington Ave
General Information
- Standard status
- Active
- Size
- 2,424 SF
- Lot size
- 1.02 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1966
Listing office Lakeshore Commercial Real Estates
Listing date May 20, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lakeshore Commercial Real Estates
Investment Insights
Based on property information with market context.
This commercial building offers 2,424 square feet of space on a 1.02-acre lot. It is situated in a well-established retail corridor in Washington, near the south side Family Fare on US-31 Business Route (S Washington Ave), just north of Exit 47 I-196/US-31. The surrounding area features a mix of regional and national retailers, including McDonald's, Wendy's, Taco Bell, and Subway, alongside numerous locally owned businesses. The property benefits from high traffic volume on S Washington Avenue, making it suitable for various business ventures.
Key Highlights
- Prime location in a thriving retail corridor on S Washington Avenue.
- High traffic volume on S Washington Avenue, ideal for business visibility.
- Situated on a 1.02‑acre lot.
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 | $41.3k | $17.04 |
| − Vacancy | −$5.7k | −$2.35 |
| EGI | $35.6k | $14.69 |
| − OpEx | −$8.9k | −$3.67 |
| NOI | $26.7k | $11.02 |
2,424 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$381.5K
$333.8K – $445.1K
NOI $26,704 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.14M
$26.38M – $35.17M
NOI $2,110,017 @ 7.0% cap · market cap 534.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Superior Automotive
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 2,424 SF building on 1.02 acres in Holland, MI.
Where is this office building located?
The property is located at 1100 Washington Ave Holland, MI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Prime location in a thriving retail corridor on S Washington Avenue.; High traffic volume on S Washington Avenue, ideal for business visibility.; Situated on a 1.02‑acre lot.
