12659 Riley Street, Holland, MI 49424
New Listing
$8,500,000
Property Type:
Commercial Sale
Square Footage:
50,401
Lot Size (sq. ft.):
341,510
Status:
Active
Current Price:
$8,500,000
List Date:
2/02/2026
Last Modified:
2/03/2026
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.
More Information MLS# 26003714
Location & Property Info
Cross Streets: US-31, 128th Ave
Property Sub-Type: Retail
Municipality: Holland Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 168.65
Prop Avail for Lease?: Yes
Current Bldg Use: Retail Shopping Center
General Property Info
New Construction: No
Lot Dimensions: Irreg
Road Frontage: 274.94
Waterfront: No
Total # Units: 21
Total # Bldgs: 3
# Fin Bldg Lvls: 1
Total SqFt: 50401
School District: West Ottawa
Lot Measurement: Acres
Lot Acres: 7.84
Lot Square Footage: 341510
Year Built: 1997
Full Baths: 21
Tax Info
Taxable Value: 2327830
SEV: 4127700
For Tax Year: 2025
Seller's Annual Property Tax: 115929
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: N/A
Zoning: PUD
Tax ID #: 70-16-09-300-083
Remarks & Misc
Public Remarks: 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.
Legal: 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
Additional Details
Total Parking Spaces: 197
Street Type
Public: 1
Property Use
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional/Office: 1
Restaurant: 1
Retail: 1
Other: 1
Construction Type
Block: 1
Steel: 1
Exterior Material
Block: 1
Brick: 1
Roofing
Metal: 1
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Additional Features
Barrier Free: 1
Util Sep Mt: 1
Foundation
Block: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Tenant Pays All
Common Area Maintena: 1
Driveway
Asphalt: 1
Docs Req Conf Agrmnt
Appraisals: 1
Financials: 1
Inspection Reports: 1
Leases: 1
Rent Roll: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Ottawa
Street #: 12659
Street Name: Riley
Suffix: Street
State: MI
Zip Code: 49424
Zip (4): 9215
OfficeContract Info
Status: Active
Current Price: $8,500,000
List Price: $8,500,000
Listing Date: 2026-02-01
Remarks Misc
Directions: Northwest corner of US-31 and Riley Street.
Property Features
Property Use: Investment
Uses: Professional/Office; Restaurant; Retail; Other
Business Includes: Non-Applicable
Construction Type: Block; Steel
Exterior Material: Block; Brick
Roofing: Metal; Rubber
Foundation: Block
Below Grade: None
Additional Features: Barrier Free; Util Sep Mt
Tenant Pays All: Common Area Maintena
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Asphalt
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Appraisals; Financials; Inspection Reports; Leases; Rent Roll
Sale Conditions: None
Possession: Close Of Escrow
Listing Office:
Lakeshore Commercial Real Estate
Listing Agent:
Thomas S Postma
Last Updated: February - 03 - 2026
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