1016 Washington Ave Holland, MI 49423-5204
Property Lookup
Property profile & analytics
1016 Washington Ave Holland, MI 49423-5204
- Strip malls
- 5,425 SF
- 0.54 lot acres
Property ID
US43-0572120
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 1016 Washington Ave
- Year built
- 1982
- Lot size
- 0.54 lot acres
- Property size
- 5,425 SF
- Zone code
- C-2
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 53-02-06-400-051
- APU
- 530206400051
Description
This exceptional 1-story, Class B retail strip center, built in 1986, presents a unique investment opportunity. Located at 1016 Washington Ave, this property boasts a total of 180 parking spaces and sits on a generous 2.49-acre lot. The center currently features multiple tenants, including well-established businesses such as Biggby Coffee, O'Reilly Auto Parts, Jet's Pizza, Consumers Credit Union, Rite Aid, and D&W Grocery Store. Two immediately available suites totaling 5,425 square feet are ready for occupancy. One suite is a former restaurant, complete with existing equipment. Both suites are "white boxed," offering flexibility for tenant build-outs. The property enjoys a high-traffic corner location with significant residential density in the surrounding area. This prime retail space is ideal for a variety of businesses. The landlord is open to considering a division of the larger suite to accommodate smaller tenants. This is a rare opportunity to secure a prominent retail presence in a thriving commercial area. The property's strong tenant mix and high visibility make it an attractive investment for both established businesses and new ventures. Don't miss this chance to capitalize on this exceptional retail space.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,005,000
- 6.5%
- $930,000
- 7%
- $860,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $850,000
- OFFICE BUILDING
- $715,000
- COMMERCIAL (GENERAL)
- $670,000
- MEDICAL BUILDING
- $655,000
- AUTO REPAIR, GARAGE
- $635,000
- RESTAURANT
- $625,000
- WAREHOUSE, STORAGE
- $435,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Holland
- County
- Allegan
- State
- Michigan
- Longitude
- -86.1184
- Latitude
- 42.7606
- CBSA code
- 26090
- CBSA name
- HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$0.00
$0.00
$140,003
-
$0.00
$0.00
$280,006
