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486 Century Lane , #2

Holland, MI 49423
  • $250,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 21105432
UPDATED: 50 min ago
$250,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,784
    SQFT
  • $90
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2004
County:
Area:

School Ratings & Info

School District:

Description

Great location near US31. Well maintained income generating office condo for sale with 2 lease spaces inside. Each lease space includes a kitchenette, bathroom, office space, & separate entrances off common vestibule. Currently, 1 space is leased w/ ~2 yrs remaining on a 3 yr lease. The 2nd space is available for lease. Existing leases survive under new ownership. Fully leased projected cap rate ~11%. RMU zoning allows for mixed use residential/comm'l shared space.

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© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-12-05T13:59:56.623.
www.silviaburkett.com/homes/121366691
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486 Century Lane , #2 Holland, MI 49423

  • Price: $250,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 50 min ago
  • MLS #: 21105432
0
Beds
2
Baths
0
½ Baths
0.35
Acres
2,784
SQFT
$90
$/SQFT
2004
Built
Neighborhood:
Holland City
County:
Ottawa
Area:
Holland
School District:
Holland
Property Description
Great location near US31. Well maintained income generating office condo for sale with 2 lease spaces inside. Each lease space includes a kitchenette, bathroom, office space, & separate entrances off common vestibule. Currently, 1 space is leased w/ ~2 yrs remaining on a 3 yr lease. The 2nd space is available for lease. Existing leases survive under new ownership. Fully leased projected cap rate ~11%. RMU zoning allows for mixed use residential/comm'l shared space.
Exterior Features

Construction Type Frame/Wood Driveway Shared Paved Exterior Material Vinyl Siding Finished Building Levels 1.00 Foundation Slab Lot Dimensions 0 Number Of Buildings 1.00 Road Frontage 0.00 Roofing Composition Street Type PavedPublic Total Parking Spaces 11 Water Access No Waterfront No

Interior Features

Air Conditioning Central Air Below Grade None Heat Source Natural Gas Heat Type Forced Air Rentable Office Sq Ft 2784.00 Tot Bldg Office Sq Ft 2784.00

Property Features

Annual Property Tax 5508.00 Association Greater Regional Alliance Of Realtors Auction Or For Sale For Sale Business Includes Non-Applicable Commercial Type Office Current Use Office Space Documents Req Conf Agreement Leases Homestead Percentage 0.00 Mineral Rights Unknown New Construction No Possession Close Of Escrow Sale Conditions None Sewer Public Tax Year 2020 Tenant Pays Common Area MaintenaElectricGasJanitorialProp Taxes/AssessSewerTrashWater Terms Available CashConventional Uses Professional/Office Util Avl At Street CableElectricNatural GasPublic SewerPublic WaterTelephone Utilities Attached CableElectricNatural GasTelephone Water Public Zoning Rmu

Listing provided courtesy of Karen M Tremain of City2shore Real Estate Inc.. © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-12-05T13:59:56.623.
 
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