650 Riley St Holland, MI 49424-1592
Property profile & analytics
650 Riley St Holland, MI 49424-1592
- Retail space
- 23,692 SF
- 2.31 lot acres
Property ID
US43-0551404
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
- Love Sews / Charitable Organization / Social Service Agency
- Kittywampus Soda Brewing / Big Box & Wholesale Store / Distribution Center
- Uncle Jibs Ski & Kayak Shop / (Bike/Boat/Book/etc) Store
- Nestlings Diaper Bank / Corporate Office
- Massage Lady Katie / Alternative Medicine Practice / Spa & Massage Center
Property Details for 650 Riley St
- Lot size
- 2.31 lot acres
- Property size
- 23,692 SF
- Zone code
- SEE MAP
- Property type
- Retail space
- APN
- 70-16-18-101-043
- APU
- 701618101043
Description
This exceptional investment opportunity presents a fully leased, 21,582 square foot shopping center in Holland, Michigan. The property, situated on a 2.979-acre lot, consists of three single-story buildings constructed in 1980 and features eight tenants with 100% occupancy. The center boasts strong visibility from a high-traffic road and benefits from large ground-mounted signage. Key tenants include Uncle Jib's Ski and Kayak Store and DB International Market, which together occupy 50% (10,870 square feet) of the total space. The property is strategically located across the street from a Family Fare Grocery-anchored center, offering excellent synergy and foot traffic. Its convenient location, 3.5 miles west of the US-31 interchange at E. Lakewood Blvd., places it near the heart of Holland, within a strong demographic area. The property is zoned for commercial use and is offered as a fee-simple sale. The Net Lease (NNN) structure provides a passive income stream. This is a rare opportunity to acquire a well-established, fully occupied retail center with significant upside potential due to below-market rents and lease expirations beginning in 2027. The property's history of 100% occupancy and prime location make it an attractive investment for discerning buyers. The property's address is 650 Riley St, Holland, MI 49424. The parcel number is 70-16-18-101-043.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,456,000
- AI Estimate
- $2,456,000
Market price range: $2.46M - $11.4MMarket price range: $2.46M - $8.80M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Holland
- County
- Ottawa
- State
- Michigan
- Longitude
- -86.1366
- Latitude
- 42.826
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN 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
2022
$8,720
$0.00
$0.00
$272,500
-
$0.00
$0.00
$545,000
