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$8,500,000 Just Listed
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Property Description
This multi-tenant retail shopping center offers a compelling investment opportunity within a major regional retail corridor. Positioned at the signalized northwest corner of US-31 and Riley Street, the property benefits from exceptional visibility, strong traffic counts, and direct access to a primary north-south arterial. The center consists of three buildings totaling 50,401 square feet with 49,285 square feet, rentable, situated on 7.6 acres, providing both scale and long-term flexibility. Surrounded by a strong mix of national and regional retailers, the property is well positioned for stable cash flow and sustained tenant demand.
Full Property Details
Full Property Details for 12659 Riley St
General
- Price: $8,500,000
- Taxes: $115,929
- Status: Active
- Type: Office
- Source: SWMRIC_MLS
- MLS ID: 26003714
- Updated: 2/3/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Other, Professional/Office, Restaurant, Retail
Interior
- Interior Features: Broadband
Rooms
Bathrooms
- Total Bathrooms: 21
- Full Bathrooms: 21
Parking
- Total Spaces: 197
Location
- County: Ottawa
- Cross Streets: US-31, 128th Ave
- Driving Directions: Northwest corner of US-31 and Riley Street.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Cable Available: Yes
- Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 3
- Construction: Block, Brick
- Foundation: Block
- Roof: Metal, Rubber
- Stories/Levels: 1
- Square Feet: 50,401
- Year Built: 1997
Lot Features
- Lot Size (Acres): 7.84
- Lot Size (Sq. Ft.): 341,510
- Lot Dimensions: Irreg
- Zoning: PUD
Financial Considerations
- Tax Amount: $115,929
- Terms: Conventional, Cash
- Tenant Pays: Common Area Maintenance
Disclosures and Reports
- Legal Description: PART OF SW 1/4 COM N 89D 14M 56S E 230 FT FROM SW SEC COR, TH N 01D 04M 27S W 594.5 FT, S 89D 10M 46S W 230 FT, N 01D 0
- Property ID: 70-16-09-300-083
Listed by Lakeshore Commercial Real Estate, Thomas S Postma
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Price & Sales History for 12659 Riley St
Date
Details
Price
Change
Source
2/02/2026
Listed
$8,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12659 Riley St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$113,125
5%
$4,127,700
3%
2023
$108,159
5%
$3,994,400
12%
2022
$102,930
—
$3,569,600
18%
2022
$102,930
4%
$3,037,800
1%
2020
$98,661
—
$3,019,900
-2%
2020
$98,661
7%
$3,081,100
121%
2018
$92,525
—
$1,393,400
-36%
2018
$92,525
3%
$2,161,400
7%
2016
$89,467
—
$2,023,200
5%
2016
$89,467
—
$1,921,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12659 Riley St
12659 Riley Street, Holland, MI 49424 (MLS# 26003714) is a Office property. 12659 Riley Street is currently listed for $8,500,000 and was received on February 02, 2026. Want to learn more about 12659 Riley Street? Do you have questions about finding other Office real estate for sale in Holland? You can browse all Holland real estate or contact a Coldwell Banker agent to request more information.

