321 Settlers Road, Holland, MI 49423
$2,800,000
Property Type:
Commercial Sale
Square Footage:
21,890
Lot Size (sq. ft.):
103,237
Status:
Sold
Current Price:
$3,250,000
List Date:
7/22/2024
Last Modified:
4/15/2025
Description
321 Settlers Rd. - First time offering for sale, this property is a signature building along the US-31 corridor in Holland. This prominent location has premium exposure and convenient access from anywhere in the lakeshore area. Located between 8th & 16th Streets on the east side of US-31 in the city of Holland. The property is a fully leased investment opportunity featuring three quality tenant's that have been longstanding businesses in the community. Cunningham Dalman PC, Wells Fargo Advisors & Lighthouse Title Group occupy the entirety of the building.
More Information MLS# 24037593
Location & Property Info
Cross Streets: 8th Street, 16th Street
Property Sub-Type: Office
Area: Holland/Saugatuck - H
Municipality: Holland City
Ownership Type: Corporate Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 148.47
Prop Avail for Lease?: No
Current Bldg Use: 3-5 Year Lease
General Property Info
New Construction: No
Lot Dimensions: 264 x 300
Road Frontage: 264
Waterfront: No
Year Remodeled: 2018
Total # Units: 3
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 21890
Total Net SqFt: 21890
Property Use Type: Business
School District: Holland
Lot Measurement: Acres
Lot Acres: 2.37
Lot Square Footage: 103237
Year Built: 1986
Full Baths: 6
Tax Info
Taxable Value: 834589
SEV: 1029900
For Tax Year: 2023
Seller's Annual Property Tax: 47452.22
Tax Year: 2023
Homestead %: 0
Spec Assessment & Type: None
Non-Conforming Use: No
Zoning: CMU
Tax ID #: 70-16-28-477-015
Remarks & Misc
Legal: LOTS 229, 230, 240, & 241. WAVERLY HEIGHTS SUB SEC 28 T5N R15W 16-28-477-013 2/88, LOTS 223 TH7RU 228 & LOTS 242 THRU 2
Status Change Info
Sold Price/SqFt: 127.91
Under Contract Date: 2025-03-17
Sold Date: 2025-04-15
Sold Price: $2,800,000
Additional Details
Total Parking Spaces: 88
Passenger Elevators: 1
Ceiling Height: 8
Power/Voltage: 240
Street Type
Paved: 1
Public: 1
Property Use
Investment: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional/Office: 1
Construction Type
Block: 1
Steel: 1
Exterior Material
Metal Siding: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Below Grade
Partial: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Additional Features
Barrier Free: 1
Fire Sprinkler: 1
Util Avail at St
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Tenant Pays All
Building Insurance: 1
Common Area Maintena: 1
Electric: 1
Gas: 1
Janitorial: 1
Management Fee: 1
Prop Taxes/Assess: 1
Sewer: 1
Trash: 1
Water: 1
Other: 1
Driveway
Paved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Occupied: Yes
Location Property Info
County: Ottawa
Street #: 321
Street Name: Settlers
Suffix: Road
State: MI
Zip Code: 49423
Zip (4): 3778
OfficeContract Info
Status: Sold
Current Price: $2,800,000
List Price: $3,250,000
Listing Date: 2024-07-22
Remarks Misc
Directions: 8th Street to Settlers, north to address
Income and Expenses
Net Operating Income: 240000
Property Features
Property Use: Investment
Uses: Professional/Office
Business Includes: Non-Applicable
Construction Type: Block; Steel
Exterior Material: Metal Siding
Roofing: Rubber
Below Grade: Partial
Additional Features: Barrier Free; Fire Sprinkler
Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water; Other
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Electricity Available; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Documents
Flyer ›
Listing Office:
Lakeshore Commercial Real Estate
Listing Agent:
Jason DeWitt
Last Updated: April - 15 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
