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Rise Realty

chris@riserealtymi.com +1(810) 206-2080

$ 1,999,999

Est. payment | -/mo

17 Baths

6,000 SqFt

Save

$ 1,999,999

Est. payment | -/mo

Save

17 Baths

6,000 SqFt

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, along with a cozy garage apartment and a private residence, this property presents a unique opportunity for investors looking to capitalize on the thriving short-term rental market.With current NMU zoning regulations allowing for short-term rentals, the potential for increased revenue is immense. Imagine the possibility of converting this property back to its original glory of 20 guest rooms, maximizing your income potential and catering to the growing demand for vacation accommodations in this sought-after location.Don't miss this rare chance to invest in a versatile property that promises significant financial rewards.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!

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

Listed by Tammy L Kerr of BHG Connections

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(810) 206-2080

chris@riserealtymi.com

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1159 S Shore DR Holland City, MI 49423