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777 Washington Ave Holland, MI 49423-7142

OFF-MARKET Strip malls Google Maps
8,260 SF 0.74 ac lot Built 1991
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$450k
Range $405k – $495k (±10%)
Property ID US43-2055528

Property summary

AI-generated overview

This exceptional 1,170 square foot retail space is ideally situated at the corner of Washington Avenue and West 32nd Street in Holland, Michigan. The single-tenant property offers unparalleled visibility and accessibility, making it an excellent opportunity for a variety of businesses. The building's total square footage is 1,170 square feet, with the entire space currently vacant and ready for immediate occupancy. The property boasts a highly desirable location, benefiting from significant foot traffic and proximity to key amenities. Nearby establishments include Jefferson Elementary School, Walgreens, Fifth Third Bank, Baja Grill, Sheldon Cleaners, Edward Jones, China Kitchen, and Staffing Inc., creating a vibrant and thriving commercial environment. The property's address is 777 S Washington Ave, Holland, MI 49423, and its Ottawa County APN is 53-02-05-101-031. This is a rare opportunity to establish a business in a high-traffic area with strong existing commercial presence. The property's location ensures excellent visibility and convenient access for customers. The vacant space presents a blank canvas for a new tenant to customize and design to their specific business needs. Don't miss this chance to secure a prime retail location in a flourishing community.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1991
Total area 8,260 SF
Lot 0.74 ac (32,191 SF)
Zoning code C-2
APN 53-02-05-101-031
UPID US43-2055528

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
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Employment Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

Zoning & alternative use

C-2 · Holland, MI

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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