127 N River Avenue #1, Holland, MI 49424
Single-level office building offering two units with separate gas and electric meters under a 1-year lease term.
Property Features for 127 N River Avenue #1
General Information
Building Details
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Investment Insights
Based on property information with market context.
The property is described as being located at a crossing from downtown Holland, with the building on your right as you come over the bridge. Public remarks also note new parking being installed next door by the city or township.
For leasing, the stated lease term is 1 year. Rent is described as $1,200 per month for each unit, or $2,000 per month for both units together. Snow plowing is listed as $1,500 per year for the entire building, or $750 per side. The building is also described as available for purchase at $499,900, subject to the current lease.
Key Highlights
- Single‑level office building built in 1940 with two units and separate gas and electric meters
- Two‑unit setup: each unit is 2,000 SF; rent is $1,200/month per unit or $2,000/month for both
- Separate utilities with individual gas and electric meters for each unit
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 49424, MI
Market
Lease Benchmarks for Holland, MI
This space is priced 32% below the average of $17.55 /SF/Yr.
Vacancy Rate% for Office in Midwest region