Grand Haven Office Building For
For Sale
$650,000
17034 Robbins Rd, Grand Haven, MI 49417
3,010 SF office building near US-31 in Grand Haven.
Property Size3,010 SF
Lot Size0.75 Acres
Price / SF$215.95
Days on Market247
Property Features for 17034 Robbins Rd
General Information
Standard status
Active
Size
3,010 SF
Total Parking Spaces
25
Lot size
0.75 Acres
Property subtype
Office
Zoning
C-1, Neighborhood Commercial District
Amenities
Water
Sewer
25 Parking Spaces
Building Details
Year Built
1998
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Gary Albrecht · License #6501370145
(616) 218-3928
Source:
Carwm.resimplifi
Added: Feb 1
Changed: Oct 2
Last Checked: Oct 5 at 3:04PM
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 Advantage Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 17034 Robbins Road in Grand Haven, this 3,010 square foot office building is situated on a 0.75-acre lot. The building is conveniently located less than half a mile from US-31, within a well-known office, retail, and medical corridor in the Tri-Cities area. Originally built in 1998 as a bank branch with drive-through teller service, the property was later converted into an office building. Currently, Edward Jones occupies 1,200 square feet of the building and has 5 years remaining on their lease term. The property is ideal for an owner-user seeking to occupy 1,800 square feet.
Key Highlights
- Ideal for owner‑user wanting 1,800 SF to occupy.
- Conveniently located less than ½ mile from US‑31 in a popular office, retail, and medical corridor.
- Existing tenant (Edward Jones) occupies 1,200 square feet with 5 years remaining on their term, providing immediate income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,159
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,180
$663.2K
Cap Rate 7%
$473,700
$473.7K
Cap Rate 9%
$368,433
$368.4K
Market Conditions
NOI Build-Up for 3,010 SF
Gross rent
$51.3K $17.04/SF
− Vacancy
−$7.1K −$2.35/SF
EGI
$44.2K $14.69/SF
− OpEx
−$11.1K −$3.67/SF
NOI
$33.2K $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%
$663,180
Cap Rate 7%
$473,700
Cap Rate 9%
$368,433
Alternative Uses
Best Use
Office B
$473.7K
$414.5K – $552.7K
NOI $33,159 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$37.43M
$32.75M – $43.67M
NOI $2,620,112 @ 7.0% cap · market cap 403.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
627
Businesses Nearby
Explore this area
Business Placement
Demographics for 49417, MI
32,406
Population
14,709
Households
2.2
Avg Household Size
43
Median Age
38%
College-Educated
95%
High-School Grad
46.9 sq mi
ZIP Area
691
Density / Sq Mi
$84,476
Median Household Income
$45,392
Median Earnings
$1,101
Median Rent
$287,800
Median Home Value
Check the figures for this property
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 building - 3,010 SF office building near US-31 in Grand Haven.
Where is this office building located?
The property is located at 17034 Robbins Rd Grand Haven, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Ideal for owner‑user wanting 1,800 SF to occupy.; Conveniently located less than ½ mile from US‑31 in a popular office, retail, and medical corridor.; Existing tenant (Edward Jones) occupies 1,200 square feet with 5 years remaining on their term, providing immediate income.
