700 & 734 S Waverly Rd - Office FOR SALE


Holland, MI 49423- Holland/Zeeland
$8,460,000 USD
820-200-4508
700 & 734 S Waverly Rd, Holland, MI for Sale
$8,460,000 USD
Office - FOR SALE
1/31
null | Request Cap Rate

700 & 734 S Waverly Rd
Holland, MI 49423
Holland/Zeeland


HIGHLIGHTS

  • Recurring Property Tax Credits, No Personal Property Tax, Grants, Loans and Job Training Programs for Qualified Firms that Build Businesses in MI
  • Corporate HQ, featuring a stunning three-story glass atrium lobby, auditorium, commercial kitchen, executive offices, and adaptable floor plates.
  • Industrial Zoned, Life Science, and High-Tech use. Flexible layouts ideal for Command Center, R&D, Education, Medical. Potential rezone to Commercial.
  • Capital upgrades include a new 225-ton air-cooled chiller (2024), full-building backup generator (2014), and new roof (2015, warranty to 5/15/2030)
  • Strategically located near I-196 and Highway 31, in the dynamic Grand Rapids MSA - West Michigan region, and just one hour from Lansing.
  • Located in a thriving innovation corridor near global industry leaders such as LG Energy Solutions, Haworth, GHSP, Herman Miller, and JR Automation.

OVERVIEW

Nestled in a serene park-like setting with a private pond, 700 and 734 South Waverly Road presents a rare opportunity to acquire a premium 84,600-square-foot facility built to exceptionally high corporate standards. Comprising two parcels totaling 7.23 acres, the offer includes an additional 1-acre lot at 734 South Waverly Road, currently serving as supplemental parking. Designed as a former corporate headquarters, the asset features a grand three-story atrium lobby with floor-to-ceiling windows and skylights, a large auditorium-style town hall, a commercial kitchen and cafeteria, executive offices with private restrooms, underground executive parking, an IT server room, and building signage. Expansive, flexible floor plates are ideal for a variety of uses, including corporate headquarters, R&D, medical, educational, or governmental operations. Capital improvements include a brand-new 225-ton air-cooled chiller installed in 2024, a new roof (with a 15-year warranty) installed in 2015, and a building-wide backup generator installed in 2014. Zoned for industrial, life science, and high-tech applications, 700 South Waverly Road stands as an exceptional opportunity for organizations seeking a sophisticated environment that inspires innovation and growth. Strategically positioned in Holland’s dynamic commercial district, the asset enjoys immediate access to Interstate 196 and Highway 31, providing seamless connectivity to Grand Rapids, the greater West Michigan region, and is just one hour from the state capital, Lansing. Located just 4.1 miles from West Michigan Regional Airport and 34 miles from Gerald R. Ford International Airport, it ensures convenient travel for business operations. The surrounding area is home to a robust network of global industry leaders, including LG Energy Solutions, Haworth, GHSP, Herman Miller, and JR Automation, placing users at the center of Michigan’s rapidly expanding advanced manufacturing and high-tech corridor. Within a 2-mile radius, amenities such as Starbucks, Menards, Meijer, Aldi, MVP Athletic Club, and the DoubleTree by Hilton contribute to a well-supported business environment. Holland, Michigan, continues to thrive as a globally competitive business hub. Holland borders Lake Michigan, offering the community a high-quality of life enhanced by recreational opportunities and a resilient local economy. As part of the Grand Rapids MSA, the region supports a population of more than 1.4 million residents and a diversified industrial base spanning advanced computing, biotechnology, engineering, and product development. Eligible companies may benefit from Michigan’s extensive economic incentives, including grants, tax advantages, and workforce development programs designed to accelerate business growth and innovation. 700 and 734 South Waverly Road represent an unparalleled opportunity to establish a flagship headquarters or innovation campus in one of Michigan’s most vibrant and strategically positioned economic regions.

FOR SALE DETAILS

PRICE

$8,460,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

308

LAND DETAILS

LAND ACRES

7.23 AC

LAND SF

314,939 SF

ZONING

Industrial Zone District

APN/PARCEL ID

70-16-33-477-026,70-16-33-477-028

ASK ABOUT THIS PROPERTY

Dawn DyerDyer Sheehan Group, Inc.More Info
820-200-4508

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Dawn DyerDyer Sheehan Group, Inc.More Info
820-200-4508

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.