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581 Ottawa Ave

46,340 SF Light Industrial Building Holland, MI 49423 £1,723,260 (£37/SF)

Investment Highlights

  • Meticulously renovated to retain its historic charm while incorporating state-of-the-art features.
  • Boasting warehouse and storage facilities, this property caters to diverse business needs with ample space.
  • First floor also has space that can be converted to retail.
  • Expansive open office spaces, versatile meeting rooms, and sustainable solar energy solutions, setting the stage for efficiency and eco-conscious ope
  • Lower-level industrial space with 6 exterior docks, upper level executive suites with full bathroom and kitchen.
  • Building partially powered by solar energy.

Executive Summary

Introducing a cutting-edge commercial property where history meets innovation, located in a prime location in downtown Holland steps away from Lake Macatawa and just under 47,000 square feet. Embodying the perfect blend of contemporary design and modern functionality, this space offers a dynamic environment for businesses of all types.
Originally a locomotive repair station in the early 1900s, this property has been meticulously renovated to retain its historic charm while incorporating state-of-the-art features. Step inside to discover expansive open office spaces, versatile meeting rooms, and sustainable solar energy solutions, setting the stage for efficiency and eco-conscious operations.
Boasting warehouse and storage facilities, this property caters to diverse business needs with ample space for inventory management and logistics.
The six total loading docks, including elevated options for trailer offloading, ensure seamless transportation and distribution processes.
Ascend to the upstairs level to find a stunning oasis of productivity and comfort. Two full kitchens, a full bath with laundry, and several executive suites with soaring ceilings provide a sophisticated retreat for executives and employees alike.

Property Facts

Price £1,723,260
Price Per SF £37
Sale Type Investment or Owner User
Sale Conditions High Vacancy Property
Property Type Light Industrial
Property Subtype Light Distribution
Building Class B
Lot Size 0.70 AC
Rentable Building Area 46,340 SF
Number of Floors 2
Year Built 1940
Tenancy Single
Parking Ratio 1.07/1,000 SF
Clear Ceiling Height 19 ft
No. Dock-High Doors/Loading 6
Cross Streets W 24th St

Amenities

  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 70-16-31-407-701
  • 70-16-31-407-702
  • 70-16-31-407-703
  • 70-16-31-407-704
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,111,973

zoning

Zoning Code I-1 (Light Industrial)
I-1 (Light Industrial)
  • Listing ID: 31531337

  • Date on Market: 17/04/2024

  • Last Updated:

  • Address: 581 Ottawa Ave, Holland, MI 49423

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