www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29786090
29786112

115 Clover St, Holland, MI 49423

MK
6501255501
Lakeshore Commercial Real Estates
Listed by Lakeshore Commercial Real Estates
$4,900,000
1183 days on market
Updated 98 days ago

Clover Commercial Office Center

Details
Property Type Office
Sub Type Creative Office, Executive Office (+1)
Square Footage 54,400
Units 2
Cap Rate 7.08%
NOI $347,000
Occupancy 82%
Tenancy Multi
Lease Type Modified
Lease Term 9
Lease Expiration 12/31/2034
Remaining Term 8.5
Rent Bumps Yes
Price per SqFt $90
Class A
Year Built 1980
Year Renovated 2012
Buildings 3
Stories 3
Acreage 8.000
Zoning Commercial Office
Parking Spaces 164 spaces
Parking per 1,000 SqFt 3.01
Investment Type Net Lease
Lease Commencement 01/01/2026
Occupancy Date 02/02/2026
Ownership Private Investor, Owner/User
Sale Condition 1031 exchange

Office Holland/Zeeland on US 31

Marketing description

Commercial Property split is an option for this 8 acre campus giving the buyer an opportunity to own a 29,000 sf building that is furnished and ready to occupy. A great opportunity for physical therapy, spa, fitness center, and many more options in this beautiful campus.

The entire property includes approximately 53,000 sf of office space with potential for retail, medical, fitness, physical therapy, and more with a combination of open space, conference rooms for 50-75 persons, break rooms, and private offices. Recently renovated. Restrooms on each floor. Quality build throughout with many updates. Lot of parking with 164 spaces. Open concept, interior brick and floor-to-ceiling glass. Designated break rooms and restrooms for each floor. Don’t miss this one!

Investment highlights

Property is for sale on 8+ acres with green space, manicured landscaping and expansive parking to service both office buildings. Located on US-31 in Holland just a block from Chicago Drive. Very centrally located to reach Grand Haven, Zeeland, South Haven, Grand Rapids.

Current owner is willing to divide property into 2 separate parcels with 1 building each for smaller investment. 3 story building has 8,700 sf per floor (approx 26k sf total), and 2 story building has 11,400 sf per floor (approx 22,800 total). Many possibilities and options.

Available for showing, call 616-405-0707

Listing Contacts

MK
6501255501
Lakeshore Commercial Real Estates
Listed by Lakeshore Commercial Real Estates

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$347,000.00
$28,916.67/mo

Valuation Metrics

0
DSCR
7.08%
Cap Rate
7.08%
ROI

Map

Zoning

Intelligence Badge
C-2 CommercialNeighborhood CommercialCommunity Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 51 uses
View all 51 uses
Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591