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For Sale

1159 S Shore Drive

1159 S Shore Drive, Holland, MI 49423

$1,999,999

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. The back portion of the property is zoned CNR Cottage neighborhood residential, so you could build 2 homes if the garage was taken down.

Act now to secure this incredible investment opportunity!

17
baths

6,000 Sq.Ft. LIVING AREA

0.8 Acres lot

Tammy Kerr

title Broker Manager Sauguatuck Office
PHONE (616) 218-0873
EMAIL [email protected]

Features & Amenities

Interior

Total bathrooms17
full bathrooms17

Area & Lot

Status For Sale
Living Area6,000 Sq.Ft.
Total Area6,000 Sq.Ft.
Lot Area0.8 Acres
MLS® ID26024468
TypeCommercial
YEAR BUILT1950
NeighborhoodMichigan
Water FrontageLake
School DistrictHolland

Exterior

STORIES5000
utilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
roofComposition
HEAT TYPEForced Air
AIR CONDITIONINGCentral Air

Financial

Sales Price$1,999,999
Real Estate Tax $14,158/yr
Maintenance Fee $10,378/mo

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