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    442 E 32Nd St Holland, MI 49423

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    For Sale
    $850,000

    High-profile restaurant with full kitchen and liquor license included.

    Property size:
    6,206 SF
    Lot size:
    0.99 Acres

    Property Features for 442 E 32Nd St

    General Information

    Size
    6,206 SF
    Lot size
    0.99 Acres

    Source: Lakeshore Commercial Real Estate Agent Michael J Nagelkirk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant with Resort Liquor License

    Located at a lighted corner on US 31 & 32nd St in Holland, MI, this 6,206 sq. ft. restaurant benefits from high visibility and easy access. Traffic counts are 16,875 E & W, and 27,710 N & S. The established location formerly operated as Shanghai Grill & Pub. The restaurant features a cocktail lounge, banquet room, and three restrooms. The kitchen is equipped with a 30-foot hood system, two walk-in coolers, one walk-in freezer, and a complete kitchen package. A Class C Resort Liquor License is included with the purchase.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    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
    Holland
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.0876744
    Latitude
    42.7682182

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    FAQs

    What type of property is this?
    Restaurant - High-profile restaurant with full kitchen and liquor license included.
    Where is this restaurant located?
    The property is located at 442 E 32Nd St Holland, MI.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Includes a Class C Resort Liquor License.; - High-profile, lighted corner location at a major intersection (US 31 & 32nd St).; - 6,206 sq. ft. restaurant space.
    (616) 836-1122
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    442 E 32Nd St Holland, MI 49423
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    Holland, MI 49423
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    Realmo Value Estimation

    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.

    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.

    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
    442 E 32Nd St Holland, MI 49423
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