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Three-Unit Industrial Flex Warehouse
For Sale
$2,950,000

510 E 16th Street, Holland, MI 49423

COMMERCIAL - Holland, MI

Property Size100,000 SF
Lot Size7.30 Acres
Price / SF$29.76
Days on Market92

Property Features for 510 E 16th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description I-1
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Parking 40
Elementary school district Holland
Middle school district Holland
High school district Holland
Standard status Active
APN 70-16-33-200-012
Size 99,132 SF
Lot size 7.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PART OF NE 1/4 COM N 1/4, TH S 89D 08M 02S E 652.58 FT TO PT OF BEG, TH CONT S 89D 08M 02S E 286.2 FT, S 0D 32M 06S W 19
Tax Annual Amount 51349
Legal Description PART OF NE 1/4 COM N 1/4, TH S 89D 08M 02S E 652.58 FT TO PT OF BEG, TH CONT S 89D 08M 02S E 286.2 FT, S 0D 32M 06S W 19

Utilities

Utilities Cable Available
Heating system Hot Water(Heating), Forced Air

Building Details

Year built 1948
Floors in Building 1
Number of units 3
Building materials Brick, Stone
Roof type Rubber
Listing Agency: Lakeshore Commercial Real Estate
Listed By: James Edewaard · License #6501249802
Added: May 27 Changed: Aug 4 Last Checked: Aug 26 at 4:06AM
MLS# 26025086

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit older industrial flex warehouse totals approximately 100,000 square feet on 7.3 acres in the City of Holland and is zoned I-1. The property includes a complete new roof and insulation, new LED lighting throughout, and separate gas and electric metering. A present rail spur is included but is not activated.

Fronting roughly the first half of the building (Section A) is scheduled to be vacated early summer 2024, creating an owner-occupant opportunity with the balance of the building leased out. Section A is approximately 50,000 square feet and includes concrete block and brick construction with a wood deck, 440 power, 14' ceilings, two loading docks, and approximately 2,000 square feet of office space, along with good power distribution and the new roof and insulation package.

The property is located just west of US-31 alongside Menards, with easy access to I-196 at 510 E 16th Street, Holland, Michigan 49423.

Key Highlights

  • Three‑unit older industrial property totaling approx. 100,000 SF on 7.3 acres in the City of Holland
  • Zoned I‑1; rail spur present but not activated
  • Complete new roof and insulation planned/installed on the entire building

Property Analytics

Current Use

Holland Transplanter Co Logistics Company

Suggested Use

Top Pick Dental Office Building Supply Restaurant HVAC Service Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
2
Dock-high doors
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

687
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49423, MI

46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Three-unit I-1 industrial property on 7.3 acres with new roof, LED lighting, and separate utility metering.
Where is this flex space located?
The property is located at 510 E 16th Street Holland, MI.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Three‑unit older industrial property totaling approx. 100,000 SF on 7.3 acres in the City of Holland; Zoned I‑1; rail spur present but not activated; Complete new roof and insulation planned/installed on the entire building
More about this property
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