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Versatile Commercial Space in Zeeland

815 E Main Ave Zeeland, MI 49464

815 E Main Ave, Zeeland, MI, 49464
$750,000
For Sale
Claim this Listing
$750,000

2,304 SF commercial space with high visibility and accessibility.

Property Size2,304 SF
Price / SF$325.52
AddedMay 14
Days on Market64
Last RefreshJul 15 at 3:35 pm

Property Features for 815 E Main Ave

General Information

Standard status
Active
Size
2,304 SF
Property subtype
Commercial

Building Details

Year Built
2005

Listing office Coldwell Banker Woodland Schmidt Grand Haven

Listing date May 14, 2026

Source Elliman

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 Coldwell Banker Woodland Schmidt Grand Haven


Investment Insights

Based on property information with market context.

This 2,304 square-foot commercial space is positioned at the east entrance to the city of Zeeland, offering accessibility and visibility. The location provides easy access to I-196. The property is suitable for a range of commercial uses, including retail, office space, food service, or redevelopment. Formerly a Macatawa Bank Branch office, the property includes a large parking lot and a drive-thru. There are no recorded use restrictions placed on the property. The bike score is 44, indicating it is somewhat bikeable, while the walk score is 8, indicating car dependence.

Key Highlights

  • Highly visible location at the east entrance to Zeeland with easy access to I‑196.
  • Versatile 2,304 sq ft commercial space suitable for retail, office, food service, or redevelopment.
  • Large parking lot and existing drive‑thru.

Local Financial Insights For Specialty Retail

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 $35.7k $15.48
− Vacancy −$1.5k −$0.65
EGI $34.2k $14.83
− OpEx −$8.5k −$3.71
NOI $25.6k $11.12
2,304 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$366.1K
$320.3K – $427.1K (±1% cap)
NOI $25,626 @ 7.0% cap · market cap 3.42%
Second Best
Retail
$341.7K
$299.0K – $398.6K (±1% cap)
NOI $23,918 @ 7.0% cap · market cap 3.19%
Theoretical Best
Multifamily LT 5
$28.65M
$25.07M – $33.43M (±1% cap)
NOI $2,005,561 @ 7.0% cap · market cap 267.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Macatawa Bank Bank

Suggested Use

Restaurant Real Estate Agency Pharmacy Spa & Massage Center Law Firm Auto Parts Store Grocery & Convenience Store Building Supply Electrical Service Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Bank - 2,304 SF commercial space with high visibility and accessibility.
Where is this bank located?
The property is located at 815 E Main Ave Zeeland, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Highly visible location at the east entrance to Zeeland with easy access to I‑196.; Versatile 2,304 sq ft commercial space suitable for retail, office, food service, or redevelopment.; Large parking lot and existing drive‑thru.
Contact an agent
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