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Downtown Grand Haven Investment Opportunity

300 Washington #9-11, Grand Haven, MI 49417

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For Sale

$969,900

Three renovated commercial units in a landmark building for sale.

Type:Commercial

Property size:

5,566 SF

Price / SF:

$174/SF

HighLights

Prime downtown Grand Haven location, just 3 blocks from the waterfront.
Three fully renovated commercial units with new mechanical systems and finishes.
Totaling 5,566 SF with a combination of private offices, conference rooms, open workspace, and kitchen/breakrooms.
Existing long‑term tenant leases in place with potential for future rate increases.
Multiple parking options: site lot, on‑street, and nearby public parking.
Units can be purchased separately.

We can help!

Listing Contact

David Ten Cate

Learn more

For Sale

$969,900

Three renovated commercial units in a landmark building for sale.

Type:Commercial

Property size:

5,566 SF

Price / SF:

$174/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 8:33 pm

Property Features for 300 Washington #9-11

General Information

Standard status: Active
Size: 5,566 SF
Property subtype: Commercial

Building Details

Year Built: 2023

We can help!

Listing Contact

David Ten Cate

Listing agent David Ten Cate License #6502325769

Listing office Capstone Real Estate LLC

Listing date Apr 24, 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 Capstone Real Estate LLC

HighLights

Prime downtown Grand Haven location, just 3 blocks from the waterfront.
Three fully renovated commercial units with new mechanical systems and finishes.
Totaling 5,566 SF with a combination of private offices, conference rooms, open workspace, and kitchen/breakrooms.
Existing long‑term tenant leases in place with potential for future rate increases.
Multiple parking options: site lot, on‑street, and nearby public parking.
Units can be purchased separately.

Overview

This investment opportunity features 5,566 square feet in a landmark building located in downtown Grand Haven, 3 blocks from the waterfront. Situated at the corner of 3rd and Washington Avenue, the property comprises three ground-floor commercial units that have been completely renovated with new mechanical systems and finishes. The units range in size from 1200 to 2500 square feet, each with a private entrance and large windows providing natural light. Combined, the three units include 13 private offices, 2 conference rooms, a large open workspace accommodating 16 stations, 3 kitchen/breakrooms, and 4 ADA restrooms. The site is accessible from both Washington Avenue and 3rd Street, with parking available in the site lot, on-street, and in a nearby public parking lot. Long-term tenant leases are in place with potential for future rate increases. The location has a bike score of 63, indicating it is bikeable, and a walk score of 76, indicating it is very walkable.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$94.8k	$17.04
− Vacancy	−$13.1k	−$2.35
EGI	$81.8k	$14.69
− OpEx	−$20.4k	−$3.67
NOI	$61.3k	$11.02

5,566 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$876.0K

$766.5K – $1.02M (±1% cap)

NOI $61,317 @ 7.0% cap · market cap 6.32%

Second Best

Retail

$825.4K

$722.3K – $963.0K (±1% cap)

NOI $57,780 @ 7.0% cap · market cap 5.96%

Theoretical Best

Multifamily LT 5

$69.21M

$60.56M – $80.75M (±1% cap)

NOI $4,845,030 @ 7.0% cap · market cap 499.54%

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

Location Intelligence

Current Use by Public Records

Chase Mortgage Loan Service Burda Law Office ... Law Firm Scheuerle & Zitta LLP Law Firm Nadeau Appraisal Services Real Estate Agency Sunset Transportation Logistics Company

Suggested Use

Location Insight

Map
Local Demand

City: Grand Haven
County: Ottawa
State: Michigan
Longitude: -86.229163
Latitude: 43.062918

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For sale
Storefront properties
MI
Grand Haven
49417
300 Washington #9-11

What type of property is this?

Storefront property - Three renovated commercial units in a landmark building for sale.

Where is this storefront property located?

The property is located at 300 Washington #9-11 Grand Haven, MI.

What is the asking price?

The asking price for this property is $969,900.

What are key features of this property?

This property features: Prime downtown Grand Haven location, just 3 blocks from the waterfront.; Three fully renovated commercial units with new mechanical systems and finishes.; Totaling 5,566 SF with a combination of private offices, conference rooms, open workspace, and kitchen/breakrooms.