Recently Renovated Industrial Warehouse

2336 112th Avenue Holland Holland, MI 49424

Claim this Listing
New
For Sale
$1,980,000

Renovated industrial building with 5,000 SF of office space and 10,000 SF of warehouse space on 2.69 acres.

Property size:
15,000 SF
Lot size:
2.69 Acres
Price / SF:
$132/SF
Added:
Jul 11, 2026
Days on Market:
2
Last Refresh:
Jul 12 at 1:51 am

Property Features for 2336 112th Avenue Holland

General Information

Standard status
Active
Size
15,000 SF
Lot size
2.69 Acres

Building Details

Year Built
2009

Listing office

Listing date Jul 11, 2026

Source Remax-executive

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 Eric Essenburg


Investment Insights

Based on property information with market context.

Recently renovated 15,000 SF industrial building offering a combination of office and warehouse space. The property includes 5,000 SF of office space and 10,000 SF of warehouse space, with room on-site to potentially expand the building.

The building is located between Holland and Zeeland and provides easy access to Chicago Drive. US-31 is less than 2 miles away.

The layout supports a mixed office/warehouse function, with the majority of the improvements dedicated to warehouse space and an office component sized to support on-site operations.

Key Highlights

  • Renovated 15,000 SF industrial building (1 building) on 2.69 acres, built in 2009
  • Layout includes 5,000 SF office space and 10,000 SF warehouse space
  • Easy access to Chicago Drive and less than 2 miles from US‑31

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 $255.6k $17.04
− Vacancy −$35.3k −$2.35
EGI $220.3k $14.69
− OpEx −$55.1k −$3.67
NOI $165.2k $11.02
15,000 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Warehouse
$3.61M
$3.16M – $4.21M (±1% cap)
NOI $252,542 @ 7.0% cap · market cap 12.75%
Second Best
Industrial
$3.16M
$2.77M – $3.69M (±1% cap)
NOI $221,357 @ 7.0% cap · market cap 11.18%
Theoretical Best
Multifamily LT 5
$186.53M
$163.21M – $217.62M (±1% cap)
NOI $13,057,035 @ 7.0% cap · market cap 659.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Carlton Technologies, Inc. Hardware & Home Improvement

Suggested Use

Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Parking Lot & Garage Pharmacy Grocery & Convenience Store HVAC Service Nail Salon

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

FAQs

What type of property is this?
Flex space - Renovated industrial building with 5,000 SF of office space and 10,000 SF of warehouse space on 2.69 acres.
Where is this flex space located?
The property is located at 2336 112th Avenue Holland Holland, MI.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Renovated 15,000 SF industrial building (1 building) on 2.69 acres, built in 2009; Layout includes 5,000 SF office space and 10,000 SF warehouse space; Easy access to Chicago Drive and less than 2 miles from US‑31
Contact an agent
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