700 & 734 S. Waverly Road
Office | 80,000 SqFt
Marketing description
Fusion Properties and Dyer Sheehan Group are pleased to present a unique opportunity to lease or to own a beautiful ±80,000 square-foot office building. Three stories of private window offices, common open office workspace areas, conference rooms and restrooms on each floor with elevator access.
Bright and open three-story atrium lobby opens to auditorium/conference center and cafeteria. Commercial kitchen. Private garage with 8 parking spots and roll-up door. Second parcel included at 734 S. Waverly for a total of ±300 parking spaces.
Industrial Zone District - 700 S. Waverly was originally designed as a Corporate Headquarters, but it offers many options for potential uses. Senior staff at the city of Holland have also indicated a willingness to consider a zone change to Commercial if required to accommodate a specific future use.
Michigan offers a wide range of financial incentives, including tax credits, loans, grants, job training, and strategic support to qualified companies.
Engineering, Design, Research & Development, Distribution, Laboratories, High-Tech Facilities, Communication Centers are some of the sectors that may qualify for incentives. (See OM for more information.)
The property would also be excellent for educational or medical facilities, or repurposed for housing or hospitality.
Great IT Capacity – Dedicated Server Room with Universal Power Supply, Technical Lab; Back-Up Generator.
Excellent Location – Holland is part of the thriving Grand Rapids MSA in the SW Michigan economic hub that is home to global industry leaders, with LG Energy Solutions, Haworth, GHSP all within 1.6 miles. The property is located just 7 miles from Lake Michigan.
Investment highlights
- $770,000 Instant Equity! Priced below 2026 Appraised Value.
- 1st Floor – Open Atrium Lobby with Grand Stairway to Upper Floors, Auditorium/Conference Center & Several Conference Rooms, Private Offices, Employee Lounge, Kitchen, Executive Dining Room, Mail Room, Coat Room, Open Office Area, dedicated IT Server Room.
- 2nd & 3rd Floors – Private Window Offices & Executive Conference Rooms along perimeter, Central Restroom and Coffee Cart Facilities split each floor into two sections with Open Office Areas in each half.
- Lower Level – Technical Lab, Mechanical Room, Training Rooms, Storage, Private Garage with 8 Parking Spots.
- Elevator Access to all Floors
- Park-like Setting with Expansive Green Spaces and Private Pond
- Double Lot Provides approximately 300 Parking Spaces
- Constructed in 1982-1983, Property was Refurbished in 2014/2015 including Parking Lot and New Roof (Warranty to 2030)
- Back-Up Generator
- New 225 Ton Air Cooled Chiller Installed in 2024
- Lease Rate, starting at $9.00/SF NNN for Entire Building, is Under Market. (Min. Lease 10,000 SF at $12/SF)
- Purchase Property at $6,999,930 (±$87/SF), is below 2026 bank appraised value, and less than one-third of Replacement Cost
- Located in the Thriving Grand Rapids, MI MSA. Rated #1 U.S. City on the Rise in 2025 based on job growth, economic expansion and quality of life.
- Close Proximity to Global Industry Leaders including LG Energy Solutions, Haworth, Herman Miller, Johnson Controls and a host of other international and regional leaders.
- Expansive three-story Atrium Lobby with Grand Staircase
- Quality Renovation in 2014/2015, including New Roof with Warranty
- Auditorium/Training Center with Theatre-Style Projection Room
- Magnificent Park-Like Setting with Private Pond
- Abundant well-lit Parking lots, featuring Private Garage for Executive Parking
- Computerized Security/Entry Access
- Dedicated IT Server Room/with Universal Power Supply
- Nearby fine dining, hotels and retail. Seven miles to Lake Michigan
- Convenient access to I-196/US 31 via E. 32nd/Ottogan Streets
- Excellent Location in Vibrant SW Michigan – Global Industry Leaders located within 1.6 miles including LG Energy Solutions, Haworth, GHSP, JR Automation, Kion Group./Dematic, BühlerPrince
- Monument Signage Available
- Video Tour: https://youtu.be/uzNgYLfur38
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