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700 & 734 S Waverly Rd 84,597 SF Vacant Office Building Holland, MI 49423 $8,460,000 ($100.00/SF)

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

MATTERPORT 3D TOUR

View Second Floor Virtual Tour

OFFERING MEMORANDUM Click Here to Access

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
84,597 SF
Building Class
B
Year Built/Renovated
1982/2014
Price
$8,460,000
Price Per SF
$100.00
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
28,199 SF
Slab To Slab
11’
Building FAR
0.27
Lot Size
7.23 AC
Zoning
Industrial Zone District - There is a wide range of potential uses, including corporate or Medical offices, R&D, transportation and logistics, schools, and more.
Parking
308 Spaces (3.64 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Pond
  • Security System
  • Skylights
  • Kitchen
  • Reception
  • Basement
  • Central Heating
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Plug & Play
  • Monument Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 84,597 SF
  • Office
  • Full Build-Out
  • Now

An impressive 84,597-square-foot facility is available for lease, offering exceptional flexibility for a variety of uses, including corporate headquarters, training centers, logistics operations, private schools or colleges, general offices, medical practices, and government agencies. The beautifully designed building features an inviting open atrium and reception area filled with natural light, complemented by three stories of private offices with exterior windows, open work areas, conference rooms, and restrooms on each floor, all accessible by elevator. The first floor includes a spacious training room or conference center, a full kitchen, and a server room with raised flooring, UPS, and separate air conditioning. The lower level offers a large training room, technical labs, mechanical and mail rooms, with a backup generator providing a universal power supply, including dedicated support for the server room. Ownership prefers to lease the entire building to a single tenant on NNN terms but will consider subdividing for qualified long-term tenants.

Space Size Space Use Condition Available
1st Floor 84,597 SF Office Full Build-Out Now

1st Floor

Size
84,597 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 84,597 SF
Space Use Office
Condition Full Build-Out
Available Now

An impressive 84,597-square-foot facility is available for lease, offering exceptional flexibility for a variety of uses, including corporate headquarters, training centers, logistics operations, private schools or colleges, general offices, medical practices, and government agencies. The beautifully designed building features an inviting open atrium and reception area filled with natural light, complemented by three stories of private offices with exterior windows, open work areas, conference rooms, and restrooms on each floor, all accessible by elevator. The first floor includes a spacious training room or conference center, a full kitchen, and a server room with raised flooring, UPS, and separate air conditioning. The lower level offers a large training room, technical labs, mechanical and mail rooms, with a backup generator providing a universal power supply, including dedicated support for the server room. Ownership prefers to lease the entire building to a single tenant on NNN terms but will consider subdividing for qualified long-term tenants.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
3,555
38,224
90,079
2024 Population
3,580
38,592
90,052
Population Growth '20-'24
0.7%
1.0%
0.0%
2020 Households
1,508
14,118
33,578
2024 Households
1,511
14,289
33,639
Household Growth '20-'24
0.2%
1.2%
0.2%
Average Age
44
38
39
Median Household Income
$61,779
$66,743
$72,384
Daytime Employees
6,152
37,992
62,652
Total Businesses
422
3,487
5,290
College Degree + Higher
25%
30%
31%

NEARBY AMENITIES

RESTAURANTS

Grand King Buffet Chinese $ 11 min walk
Jd's Deli & Restaurant - - 11 min walk
Bob Evans - - 14 min walk
Shanghai Grill & Bar Grill $$$ 14 min walk

RETAIL

Dollar Tree Dollar/Variety/Thrift 13 min walk
Save-A-Lot Discount Grocer 13 min walk
ALDI Supermarket 14 min walk
Goodrich Quality Theaters Cinema 16 min walk

HOTELS

Baymont
61 rooms
3 min drive
DoubleTree by Hilton
168 rooms
3 min drive
Quality Inn
68 rooms
3 min drive
Days Inn
60 rooms
4 min drive
Residence Inn
108 rooms
4 min drive
Homewood Suites by Hilton
123 rooms
4 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 70-16-33-477-026
  • 70-16-33-477-028
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,526,300

SALE ADVISORS

SALE ADVISORS

Dawn Dyer, President/CEO
Dawn Dyer is President and co-founder of Dyer Sheehan Group, Inc. Ms. Dyer has an extensive background in real estate investment analysis and finance. She is a California licensed Real Estate Broker with forty years of experience in the California market.

While she is based in Ventura County, Dawn has four decades of brokerage experience throughout Southern and Central California, and nationwide.  She is detail oriented, a strong communicator, and passionate about the value of real estate as a foundation for financial security and building community.

Ms. Dyer’s experience includes analyzing and marketing multi-family properties, NNN leased properties, land for development, and other real estate investment opportunities. Under her direction, Dyer Sheehan Group, Inc. conducts real estate market research that is published in the University of California Santa Barbara - Economic Forecast Project’s annual Economic Outlook publications, and other Economic Outlook publications.

Ms. Dyer provides expert witness testimony on real estate issues and has been a guest speaker on real estate investment and development topics.  She provides land use consulting and development services to a wide range of clients including: private property and business owners, investors, local and national homebuilders, schools, universities, cities and other public agencies.
Walter Bulkowski, Vice President
The Vice President of Fusion Properties LLC, where he oversees strategic property development, acquisitions, and asset management.
  • Listing ID: 38058772

  • Date on Market: 10/13/2025

  • Last Updated:

  • Address: 700 & 734 S Waverly Rd, Holland, MI 49423

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