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About This Home

This 0-bedroom, 17-bathroom commercial at 1159 S Shore Drive in Holland, MI is listed for $1,999,999 ($333 per sqft). Built in 1950, the home offers 6,000 sqft of living space on a 0.80 acres lot.

Agent 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!

Key Features

  • Built in 1950
  • 0.80 acre lot
  • 17 parking spaces
  • Waterfront

Property Details

17 full
17 spaces
1950

Amenities

WaterfrontA/C

Monthly Cost Estimate

$10,696/mo

20% down · 6.5% · 30 years

Principal$1,446
Interest$8,667
Insurance$583

Estimates only. Actual payments may vary.

Location

1159 S Shore Drive

Holland, MI 49423

Property Details

Construction

Vinyl Siding

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 17-bathroom commercial at 1159 S Shore Drive is listed at $1,999,999 ($333/sqft). The estimated monthly payment is $8,667 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.80 acre lot, 17 parking spaces, Waterfront.

This property is listed by Tammy L Kerr and can be reached at 6162180873 or michigan@tammykerr.homes.

TK

Tammy L Kerr

Agent at BHG Connections

(616) 218-0873

Listed by BHG Connections

MLS# 26024468· Source: listhub· Updated 11 days ago

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1159 S Shore Drive, Holland, MI 49423

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