98
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$1,999,999
Est. payment /mo
17 Baths
6,000 SqFt
Active
1159 S Shore DR Holland City, MI 49423
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Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $333
MLS Listing ID 71026024468
Year Built 1950
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type BusinessandRealEstate
Property Description
Discover an Exceptional Investment Opportunity at 1159 South Shore Drive! Step into a piece of history with this charming historical motel, ideally located just across the street from the bustling Central Market grocery store and mere steps away from the serene beauty of Lake Macatawa with 3 access points and beach. Offering 14 fully operational monthly rentals, including a cozy garage apartment and a private residence, and 13 units in the old motel, this property presents a unique opportunity for investors looking to capitalize on a an extended stay market that could allow shorter term 30 day rentals. With current NMU zoning regulations allowing for 1 short-term rental, the potential for increased revenue is immense if turned into a condo building or going for a non conforming rezoning. Imagine the possibility of adding a second floor maximizing your income potential and catering to the growing demand for vacation accommodations in this sought-after location.Whether you're looking to grow your real estate portfolio, tear down and develop the property, or run a vacation rental/motel business, 1159 South Shore Drive is the perfect canvas for your vision!
Act now to secure this incredible investment opportunity!
Act now to secure this incredible investment opportunity!
Location
State MI
County Ottawa
Area Area70152Holland
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected
Waterfront Description AllSportsLake, Lake, PublicLake, WaterAccessRights
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Holland
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Tammy L Kerr of BHG Connections
NEARBY SCHOOL & BUSINESS
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