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    1012 Washington Ave Holland, MI 49423

    Sponsored
    For Lease
    $11 SF/Yr ($6,715 /Mo)

    Restaurant/Retail Opportunity - High Traffic Location

    Lot size:
    7,326 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,326 square foot Class A retail and restaurant space is ideally situated at 1012 Washington Ave. Currently vacant, this single-tenant property offers 5,425 square feet of immediately available space, perfect for a variety of uses. The building sits on a 0.99-acre lot and boasts a C-2 zoning designation. Previously occupied by a charcoal grill restaurant, the space is fully equipped and ready for immediate occupancy. All existing restaurant equipment is included, providing a significant advantage for a new tenant. The property benefits from its prime location within a thriving strip center, enjoying high visibility and traffic. Strong neighboring tenants include well-established businesses such as Dollar General, Biggby Coffee, O'Reilly Auto Parts, Jet's Pizza, Consumers Credit Union, Rite Aid, and a D&W grocery store, ensuring a consistent flow of potential customers. The location is further enhanced by its proximity to a dense residential area, providing a readily available customer base. This one-story building presents a unique opportunity for a business seeking a high-traffic, well-equipped space in a desirable location. The property's APN is 03-02-06-400-051. Don't miss this chance to establish your business in a vibrant and successful commercial center.

    Property Features for 1012 Washington Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,326 SF
    Class
    A
    Total Rate
    6715.5

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite: A
    Size
    4,916 SF
    Rate per SF
    $11

    HighLights

    • 7,326 SF mixed‑use building on a 0.99‑acre lot, currently single‑tenant occupied.
    • 5,425 SF of vacant space available for lease.
    • Class A building with one story.
    • Located at 1012 Washington Ave, zoned C‑2.
    • Former restaurant space with existing equipment, ready for immediate occupancy.
    • Strong retail location with neighboring tenants including Dollar General, Biggby Coffee, and other national brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Holland
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.1183933
    Latitude
    42.7606423

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    FAQs

    What type of property is this?
    Individual retail property - Restaurant/Retail Opportunity - High Traffic Location
    Where is this individual retail property located?
    The property is located at 1012 Washington Ave Holland, MI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 7,326 SF mixed-use building on a 0.99-acre lot, currently single-tenant occupied.; 5,425 SF of vacant space available for lease.; Class A building with one story.
    Request Owner's contact information
    1012 Washington Ave Holland, MI 49423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1012 Washington Ave Holland, MI 49423
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