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.
Key Features
- Built in 1950
- 0.80 acre lot
- 17 parking spaces
- Waterfront
Property Details
Amenities
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!
Monthly Cost Estimate
$10,696/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1159 S Shore Drive
Holland, MI 49423
Property Details
Construction
Heating
Cooling
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 $10,696 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
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.



