Property profile

26 State St Zeeland, MI 49464

OFF-MARKET
Strip malls
Property ID
US43-1958134
7,984 SF 0.72 ac lot
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,775 square foot traditional office space is ideally situated in the heart of downtown Zeeland, Michigan, at 26 N State St, zip code 49464. Currently occupied by Birtles Fabrics, this space will become available in February 2025, offering a fantastic opportunity for a business seeking a high-visibility location. The property is categorized as both retail and office, making it versatile for a variety of uses. The multiple tenancy structure suggests a vibrant and active environment. Located in Ottawa County, this property benefits from excellent walkability, placing it within easy reach of local amenities and services. The space's neighboring businesses include popular establishments such as Hungry Howies and Stems, ensuring high foot traffic and a bustling atmosphere. This prime location presents a unique chance to establish or expand a business in a thriving downtown area. The property's address is 26 N State St, Zeeland, MI 49464. The space is 1775 square feet.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 7,984 SF
Lot 0.72 ac (31,494 SF)
Zoning code C-2
APN 70-16-13-481-054
UPID US43-1958134

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • (Bike/Boat/Book/etc) Store Florist
  • Medical Clinic
  • Physician
  • Medical Clinic

Location

26 State St Zeeland, MI 49464-1281
Zeeland metro Census 22900 GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2017
4 recorded transactions
2021
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A

Zoning & alternative use

C-2 · Zeeland, MI
Zoning description

Main Ave in 2019, sent out Request for Proposals for a 2 to 3 story mixed use building and Midwest Construction was chosen. He stated Midwest has purchased the adjacent parcel at 9 E Main Ave, both properties are zoned C…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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