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Remodeled Office Building
For Sale
$6,500,000

700 South Waverly Road, Holland, MI 49423

Zoned I for corporate operations or redevelopment supporting medical, educational, K-12, college, or governmental functions.

Property Size84,600 SF
Price / SF$76.83
Days on Market1020

Property Features for 700 South Waverly Road

General Information

Standard status Active
Size 84,600 SF
Class Class B
Total Parking Spaces 309
Property subtype Office
Zoning I

Amenities

Water
Sewer
309 Parking Spaces

Building Details

Year Built 1983
Year Renovated 2014
Buildings 1
Listing Agency: Fusion Properties
Listed By: Walter Bulkowski
Source: Carwm.resimplifi
Added: Dec 31, 2023 Changed: Oct 10 Last Checked: Oct 16 at 5:46AM

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 Fusion Properties

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Investment Insights

Based on property information with market context.

Built in 1983, this 84,600-square-foot office property underwent remodeling in 2014, including most interior finishes. The improvements also included a new roof with a transferable warranty, expansion and resurfacing of the parking lot, and installation of a whole-building generator. A 220-ton chiller is identified for installation in spring 2024.

The property is located at 700 South Waverly Road in Holland, Michigan, and carries I zoning. The building can support corporate office use or redevelopment for medical, educational, K-12, college, or governmental functions. The sale includes parcels 70-16-33-477-026 and 70-16-33-477-028.

Key Highlights

  • 84,600‑square‑foot office building constructed in 1983
  • 2014 remodeling included most interior finishes
  • New roof with transferable warranty

Property Analytics

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Current Use

Holland Freight Service

Suggested Use

Top Pick Dental Office Building Supply Hair Salon Auto Parts Store Nail Salon 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.

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby

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
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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Zoned I for corporate operations or redevelopment supporting medical, educational, K-12, college, or governmental functions.
Where is this office building located?
The property is located at 700 South Waverly Road Holland, MI.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 84,600‑square‑foot office building constructed in 1983; 2014 remodeling included most interior finishes; New roof with transferable warranty
More about this property
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