Office Building with
815 E Main Avenue, Zeeland, MI 49464
For Sale
$695,000
Commercial Sale, Zeeland, MI
Property Size2,304 SF
Lot Size2.52 Acres
Price / SF$301.65
Days on Market292
Property Features for 815 E Main Avenue
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking
Interior features
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
Coldwell Banker Woodland Schmidt Saugatuck
(269) 857-1705
Listed By:
Nico Leo · License MI #6501212845
(810) 602-0564
Added: Jan 23
Changed: Oct 30
Last Checked: Nov 10 at 11:06AM
MLS# 26002777
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2005, this 2,304-square-foot office building occupies a 2.52-acre property and features brick construction. The improvements include a drive-through, parking lot, two bathrooms, forced-air heating, central air conditioning, a composition roof, broadband availability, and cable availability. The property was formerly a Macatawa Bank Branch office.
Located at the east entrance to Zeeland, the property provides access to I-196. No use restrictions are recorded for the property. The address is 815 E Main Avenue, Zeeland, MI 49464, in Ottawa County.
Located at the east entrance to Zeeland, the property provides access to I-196. No use restrictions are recorded for the property. The address is 815 E Main Avenue, Zeeland, MI 49464, in Ottawa County.
Key Highlights
- 2,304 square feet of office space on 2.52 acres
- Existing drive‑through and large parking lot
- Brick construction with central air and forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,626
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,520
$512.5K
Cap Rate 7%
$366,086
$366.1K
Cap Rate 9%
$284,733
$284.7K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$35.7K $15.48/SF
− Vacancy
−$1.5K −$0.65/SF
EGI
$34.2K $14.83/SF
− OpEx
−$8.5K −$3.71/SF
NOI
$25.6K $11.12/SF
Area
Ottawa County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,520
Cap Rate 7%
$366,086
Cap Rate 9%
$284,733
Alternative Uses
Best Use
Specialty Retail
$366.1K
$320.3K – $427.1K
NOI $25,626 @ 7.0% cap · market cap 3.69%
Second Best
Office B
$362.6K
$317.3K – $423.0K
NOI $25,382 @ 7.0% cap · market cap 3.65%
Theoretical Best
Warehouse
$554.1K
$484.9K – $646.5K
NOI $38,790 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
Demographics for 49464, MI
29,654
Population
11,001
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
73.1 sq mi
ZIP Area
406
Density / Sq Mi
$97,573
Median Household Income
$47,030
Median Earnings
$976
Median Rent
$316,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Ottawa County, MI
Properties on Market for Office buildings in Ottawa County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Brick office property with existing parking, central air, and convenient access to I-196.
Where is this office building located?
The property is located at 815 E Main Avenue Zeeland, MI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 2,304 square feet of office space on 2.52 acres; Existing drive‑through and large parking lot; Brick construction with central air and forced‑air heating
