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Property profile & analytics
OFF-MARKET Estimated value $200,000
Strip malls

1012 Washington Ave Holland, MI 49423-5204

4,916 SF 0.34 ac lot Built 1986
Entity Owned 5-yr Hold Free & Clear
Property ID
US43-0492023
Property summary
AI-generated overview

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 profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 4,916 SF
Lot 0.34 ac (14,767 SF)
APN 53-02-06-427-701
UPID US43-0492023
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k
Owner & transaction history
South Holland Properties LLC · 5 yrs held
South Holland Properties LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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