700 & 734 S Waverly Rd - Office FOR SALE


Holland, MI 49423- Holland/Zeeland
$7,650,018 USD
820-200-4508
700 & 734 S Waverly Rd, Holland, MI for Sale
$7,650,018 USD
Office - FOR SALE
1/37
null | Request Cap Rate

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


HIGHLIGHTS

  • In Grand Rapids MSA, Ranked #1 City on the Rise in 2025!. MI has highest concentration of Engineers and Industrial Designers in the US.
  • MI offers Great Economic Incentives: Recurring Property Tax Credits, Grants, Loans and Job Training Programs for Qualified Firms
  • Prior Corporate HQ with a stunning three-story glass atrium lobby, auditorium, commercial kitchen, executive offices, and adaptable floor plates.
  • Potential Uses include Hi-Tech, Life Sciences, R&D, Medical, Education or Mixed-Use Housing. City is open to rezoning 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.

OVERVIEW

Nestled in a serene park-like setting on 7.23 acres, 700 and 734 South Waverly Road present a rare opportunity to acquire a premium 80,000-square-foot campus built to exceptionally high corporate standards in the heart of Holland’s innovation corridor. The offer includes an additional 1-acre parcel at 734 South Waverly Road and 300 parking spaces, creating a scalable platform for corporate headquarters, educational institutions, life science operations, or high-tech mixed-use development. Zoned for industrial, R&D, and advanced technology applications, and with municipal support for rezoning to commercial use consistent with adjacent properties, this campus delivers exceptional versatility and long-term growth potential in a market known for business-friendly infrastructure and economic stability. Designed as a former corporate headquarters, the asset features an impressive three-story atrium lobby with floor-to-ceiling windows and skylights, a large auditorium-style town hall, commercial-grade kitchen and cafeteria facilities, executive offices with private restrooms, underground executive parking, and an IT server room with raised flooring. Expansive, flexible floor plates support diverse uses including corporate headquarters operations, research and development, medical or life science functions, educational programming, and government facilities. Recent capital improvements enhance operational efficiency and asset quality, including a brand-new 225-ton air-cooled chiller installed in 2024, a roof replacement with a 15-year warranty completed in 2015, and a building-wide backup generator installed in 2014, ensuring infrastructure reliability and operational continuity. Strategically located in Holland’s dynamic innovation district, the property offers immediate access to Interstate 196 and Highway 31, providing seamless connectivity to regional markets, including Grand Rapids, and is within one hour of Lansing. Business travelers benefit from being close to West Michigan Regional Airport, just 4.1 miles away, as well as Gerald R. Ford International Airport (34 miles). The surrounding area hosts a robust ecosystem of advanced manufacturing and technology leaders, including LG Energy Solution, Haworth, GHSP, Herman Miller, and JR Automation, positioning tenants within a globally competitive business network. Nearby amenities such as Menards, Meijer, Aldi, MVP Athletic Club, and DoubleTree by Hilton enhance the quality of life and operational convenience for employees and visitors. Holland continues to thrive as a business-friendly community bordering Lake Michigan, offering exceptional recreational amenities and a resilient economic foundation. As part of the greater Grand Rapids metropolitan area, home to more than 1.4 million residents and a diversified industrial base spanning advanced manufacturing, biotechnology, and engineering, the region supports sustained demand for innovative commercial and institutional developments. Companies located in Michigan may access competitive economic incentives, including grants, tax advantages, and workforce development programs designed to accelerate growth and innovation. 700 and 734 South Waverly Road represent a premier opportunity to establish a flagship headquarters or innovation campus in one of Michigan’s most strategically positioned and economically dynamic markets.

FOR SALE DETAILS

PRICE

$7,650,018 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

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.