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510 E 16th Street, Holland, MI 49423
$3,950,000
510 E 16th Street, Holland, MI 49423View this property at 510 E 16th Street, Holland, MI 49423
510 E 16th StreetHollandMI49423
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Property Description
Three unit Older Industrial Property of approximately 100,000 s.f., Zoned I-1, on 7.3 acres in the City of Holland. Present rail spur is not activated. Complete new roof and insulation on the entire building. New LED lighting throughout, separate gas and electric metering. Front approximately ½ of the building (Section A) to be vacated early summer 2024, this is a great owner occupant opportunity with the balance of the building leased out. Key location just West of US-31 alongside Menards with easy access to I-196. (Section A) Approximately 50,000 s.f. of Concrete block and brick building with wood deck, 440 power, 14' ceilings, two loading docks, new lighting, approximately 2,000 s.f. of office, good power distribution, new roof/insulation. Will be vacant early summer 2024. (Section B) 20,812 s.f. of Concrete Block and brick with concrete roof deck, 4 dock height doors, and a large drive through door, heavy power, sprinkling, new LED lighting, new ADA bathrooms, new heating, new paint, 16' ceilings, 21'x30' bay spacing. Presently leased as storage through 2/28/26, for $3.86 per s.f. plus utilities with 3% annual COLA. (Section C) 23,335 s.f. of Concrete Block and brick section with steel bar joist and decking, 17' ceilings, new roof/insulation, new fire protection, LED lighting, HVAC, heavy power, new ADA bathrooms, new paint, two docks, one large drive through door, 30'x43' bay spacing. Presently leased as storage through 2/28/27, for $3.50 per s.f. + NNN with 3% COLA
Full Property Details
Full Property Details for 510 E 16th St
General
- Price: $3,950,000
- Taxes: $47,677
- Status: Active
- Type: Industrial
- MLS ID: 24015881
- Updated: 4/5/2024
- Added to Site: 28 day(s) ago
Business
- Business Type: Other, Professional/Office, Distribution, Storage
Interior
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Parking
- Total Spaces: 40
- Parking Features: Paved
Location
- Area: Holland/Saugatuck - H
- County: Ottawa
- Cross Streets: US 31 & Century Lane
- Driving Directions: US 31 to 16th Street, West to address. Building located on the South Side of the street just West the Menards entrance.
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected
Structural Information
- # Buildings: 1
- Construction: Brick, Stone
- Foundation: Slab
- Roof: Rubber, Concrete
- Stories/Levels: 1
- Square Feet: 99,132
- Year Built: 1948
Lot Features
- Lot Size (Acres): 7.3
- Lot Size (Sq. Ft.): 317,988
- Lot Dimensions: 288 x 1, 917.46 x 39.25 x 1, 930.09
- Frontage: Paved
- Zoning: I-1
Financial Considerations
- Tax Amount: $47,677.68
- Terms: Conventional, Cash
Disclosures and Reports
- Ownership: LLC
- Documents Avail.: Legal Description
- Legal Description: See Attached
- Property ID: 70-16-33-200-012
Listed by Coldwell Banker Woodland Schmidt Commercial, James Edewaard
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Schools
Schools serving 510 E 16th St
School District:Holland City School District
Rating | Name | Grades | Distance |
---|---|---|---|
373 E 24th St, Holland, MI 49423 | K-7 | 0.5 mi | |
Holland Early Childhood Center
925 Central Ave, Holland, MI 49423 | PK-5 | 1.7 mi | |
600 Van Raalte Ave, Holland, MI 49423 | 8-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 510 E 16th St
Date
Details
Price
Change
Source
4/04/2024
Listed
$3,950,000
—
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 510 E 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$26,816
—
$783,500
33%
2022
$26,816
6%
$588,300
4%
2020
$25,333
—
$565,200
14%
2020
$25,333
6%
$494,200
6%
2018
$24,001
—
$465,100
6%
2018
$24,001
3%
$437,600
—
2016
$23,340
—
$437,600
10%
2016
$23,340
—
$397,000
—
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 510 E 16th St
510 E 16th Street, Holland, MI 49423 (MLS# 24015881) is a Industrial property. 510 E 16th Street is currently listed for $3,950,000 and was received on April 04, 2024. Want to learn more about 510 E 16th Street? Do you have questions about finding other Industrial real estate for sale in Holland? You can browse all Holland real estate or contact a Coldwell Banker agent to request more information.