12659 Riley Street, Holland, MI 49424 (MLS# 26003714)

12659 Riley Street, Holland, MI 49424

$8,500,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/26003714

Property Type: Commercial Sale Square Footage: 50,401 Lot Size (sq. ft.): 341,510 Status: Active

Current Price: $8,500,000 List Date: 2/02/2026 Last Modified: 2/03/2026

Overview

Description

This multi-tenant retail shopping center offers a compelling investment opportunity within a major regional retail corridor. Positioned at the signalized northwest corner of US-31 and Riley Street, the property benefits from exceptional visibility, strong traffic counts, and direct access to a primary north-south arterial. The center consists of three buildings totaling 50,401 square feet with 49,285 square feet, rentable, situated on 7.6 acres, providing both scale and long-term flexibility. Surrounded by a strong mix of national and regional retailers, the property is well positioned for stable cash flow and sustained tenant demand.

Listing Details MLS# 26003714

Location Property Info

County: Ottawa
Street #: 12659
Street Name: Riley
Suffix: Street
State: MI
Zip Code: 49424
Zip (4): 9215

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 7.84
Lot Square Footage: 341510
Lot Dimensions: Irreg
Year Built: 1997
Road Frontage: 274.94
Total # Units: 21
# Fin Bldg Lvls: Yes
Total # Bldgs: 3
Total SqFt: 50401
Full Baths: 21
Waterfront: No
School District: West Ottawa

Tax Info

Tax ID #: 70-16-09-300-083
Taxable Value: 2327830
SEV: 4127700
For Tax Year: 2025
Seller's Annual Property Tax: 115929
Tax Year: 2025
Spec Assessment & Type: N/A
Zoning: PUD
Homestead %: 0

Remarks Misc

Directions: Northwest corner of US-31 and Riley Street.

Additional Details

Total Parking Spaces: 197

More Information

Location & Property Info

Cross Streets: US-31, 128th Ave
Property Sub-Type: Retail
Municipality: Holland Twp

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 168.65
Prop Avail for Lease?: Yes
Current Bldg Use: Retail Shopping Center

Remarks & Misc

Public Remarks: This multi-tenant retail shopping center offers a compelling investment opportunity within a major regional retail corridor. Positioned at the signalized northwest corner of US-31 and Riley Street, the property benefits from exceptional visibility, strong traffic counts, and direct access to a primary north-south arterial. The center consists of three buildings totaling 50,401 square feet with 49,285 square feet, rentable, situated on 7.6 acres, providing both scale and long-term flexibility. Surrounded by a strong mix of national and regional retailers, the property is well positioned for stable cash flow and sustained tenant demand.
Legal: PART OF SW 1/4 COM N 89D 14M 56S E 230 FT FROM SW SEC COR, TH N 01D 04M 27S W 594.5 FT, S 89D 10M 46S W 230 FT, N 01D 0

Street Type

Public: Yes

Property Use

Investment: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Professional/Office: Yes
Restaurant: Yes
Retail: Yes
Other: Yes

Construction Type

Block: Yes
Steel: Yes

Exterior Material

Block: Yes
Brick: Yes

Roofing

Metal: Yes
Rubber: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Below Grade

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Non-Applicable: Yes

Additional Features

Barrier Free: Yes
Util Sep Mt: Yes

Foundation

Block: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes

Tenant Pays All

Common Area Maintena: Yes

Driveway

Asphalt: Yes

Docs Req Conf Agrmnt

Appraisals: Yes
Financials: Yes
Inspection Reports: Yes
Leases: Yes
Rent Roll: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Property Features

Property Use: Investment Uses: Professional/Office; Restaurant; Retail; Other Business Includes: Non-Applicable Construction Type: Block; Steel Exterior Material: Block; Brick Roofing: Metal; Rubber Foundation: Block Below Grade: None Additional Features: Barrier Free; Util Sep Mt Tenant Pays All: Common Area Maintena Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt Street Type: Public Purchase Terms Avail: Cash; Conventional Docs Req Conf Agrmnt: Appraisals; Financials; Inspection Reports; Leases; Rent Roll Sale Conditions: None Possession: Close Of Escrow

Listing Office: Lakeshore Commercial Real Estate

Listing Agent: Thomas S Postma

Last Updated: February - 03 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.