Office Suite with Coworking Flex
85 E 8th Street # 210 230 Holland Holland, MI 49423
85 E 8th Street # 210 230 Holland, Holland, MI, 49423
$2,525,950
For Sale
$2,525,950
2nd-floor suite with five private offices and open flexible coworking areas, plus a large north-facing break area.
Property Size8,343 SF
Price / SF$302.76
Days on Market10
Property Features for 85 E 8th Street # 210 230 Holland
General Information
- Standard status
- Active
- Size
- 8,343 SF
Building Details
- Year Built
- 2002
Listing agency
(269) 399-5881
Listed by
Brad Houser
(269) 399-5881
Source
Remax-executive
Added: Jul 13 Updated: Jul 21 at 3:05PM Checked: Jul 21 at 3:05PM
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 Brad Houser
Investment Insights
Based on property information with market context.
Suite 230 is a finished 2nd-floor office space that includes five private offices and multiple open, flexible areas suited for coworking and collaborative use. A large break area overlooks the north side of the property and features floor-to-ceiling windows.
The offering also includes an adjacent unfinished suite 210 on the same level. Together, Suites 230 and 210 provide the ability to refresh the finished space while tailoring the unfinished portion with a custom floor plan to better match specific space needs.
The space is positioned on the 2nd floor of the property at 85 E 8th Street in Holland, MI.
The offering also includes an adjacent unfinished suite 210 on the same level. Together, Suites 230 and 210 provide the ability to refresh the finished space while tailoring the unfinished portion with a custom floor plan to better match specific space needs.
The space is positioned on the 2nd floor of the property at 85 E 8th Street in Holland, MI.
Key Highlights
- 2nd‑floor, 8,343 SF suite currently finished for flexible office use
- Finished layout includes 5 private offices plus multiple open, flexible coworking/collaborative areas
- Large north‑facing break area with floor‑to‑ceiling windows
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 | $142.2k | $17.04 |
| − Vacancy | −$19.6k | −$2.35 |
| EGI | $122.5k | $14.69 |
| − OpEx | −$30.6k | −$3.67 |
| NOI | $91.9k | $11.02 |
8,343 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.31M
$1.15M – $1.53M
NOI $91,909 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$103.75M
$90.78M – $121.04M
NOI $7,262,323 @ 7.0% cap · market cap 287.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coworking space
Similar For Sale Nearby
FAQs
What type of property is this?
Coworking space - 2nd-floor suite with five private offices and open flexible coworking areas, plus a large north-facing break area.
Where is this coworking space located?
The property is located at 85 E 8th Street # 210 230 Holland Holland, MI.
What is the asking price?
The asking price for this property is $2,525,950.
What are key features of this property?
This property features: 2nd‑floor, 8,343 SF suite currently finished for flexible office use; Finished layout includes 5 private offices plus multiple open, flexible coworking/collaborative areas; Large north‑facing break area with floor‑to‑ceiling windows
