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693 Lakewood Blvd Holland, MI 49424

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For Sale
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High-Cap Retail Building, 8,150 SF

Property size:
8,150 SF

Property Features for 693 Lakewood Blvd

General Information

Property type
Individual retail properties
Square Feet
8,150 SF

Building Details

Units
1

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Listing Contact
Michael Visser
Michael Visser

Listing Agency: Advantage Commercial Real Estate Listing Agent: Michael Visser

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 8,150-square-foot retail storefront at 693 E Lakewood Blvd, Holland, MI 49424, presents a compelling investment opportunity. Boasting a 5.46% cap rate and a strong $43,650 net operating income (NOI), this property offers significant return potential. Currently 100% occupied by a national tenant, CareLinc Medical Equipment, with a new 5-year lease upon sale, ensuring stable income. Situated on a 0.96-acre lot, the building features a flexible layout ideal for various users requiring both showroom and warehouse space. Its prime location, just east of US-31 and north of Business I-196/Chicago Drive, provides excellent visibility and accessibility. The asking price is $800,000, translating to $98.16 per square foot. This property is a rare find, combining strong tenancy, a desirable location, and a high return on investment. Don't miss this chance to acquire a stable and profitable commercial asset in a thriving Michigan market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

CareLinc Medical Equipment ... Medical Supply Store

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Holland
County
Ottawa
State
Michigan
Longitude
-86.079804591528
Latitude
42.804883123436

FAQs

What type of property is this?
Individual retail property - High-Cap Retail Building, 8,150 SF
Where is this individual retail property located?
The property is located at 693 Lakewood Blvd Holland, MI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 8,150-square-foot retail storefront at 693 E Lakewood Blvd, Holland, MI 49424.; 5.46% cap rate and $43,650 net operating income (NOI).; 100% occupied by CareLinc Medical Equipment with a new 5-year lease.
(616) 327-2800 Call to check price and availability
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