$8,500,000
Holland, MI 49424
MLS# 26003714
50401 sqft
1 / 11
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.
Details
Maps
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
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 7.84
Lot Square Footage: 341510
Lot Dimensions: Irreg
Year Built: 1997
Road Frontage: 274.94
Total # Units: 21
# Fin Bldg Lvls: 1
Total # Bldgs: 3
Total SqFt: 50401
Full Baths: 21
Waterfront: No
School District: West Ottawa
Tax Info
Tax ID #: 70-16-09-300-083
Taxable Value: 2327830
SEV: 4127700
For Tax Year: 2025
Seller's Annual Property Tax: 115929
Tax Year: 2025
Spec Assessment & Type: N/A
Zoning: PUD
Remarks Misc
Directions: Northwest corner of US-31 and Riley Street.
Additional Details
Total Parking Spaces: 197
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 Postma
Last Updated: February - 03 - 2026
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