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Allegan, MI Hospitality Properties for Sale

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Country Inn & 65 Acres
$2,995,000
9,500 SF

Country Inn & 65 Acres

340 M-40, Allegan, MI 49010

Luxury Hotel, Lakefront Retreat

  • Exceptional hospitality property on 65 private acres with lakefront access in Allegan County, MI.
  • Four buildings totaling 9,500 square feet, including a restored Victorian mansion (1906, renovated 2012) and 1985 additions.
  • 10 luxurious guest rooms/suites with amenities such as WiFi, jetted tubs, fireplaces, and private baths.
  • Features substantial event space, on‑site spa, kayaks, paddle boats, walking trails, and gazebos; potential for increased revenue from underutilized areas.
  • Commercial zoning allows for future expansion; strong location between Chicago and Detroit (2.5 hours from each), and under an hour from Grand Rapids, near popular tourist destinations. Asking price: $2,995,000. 10.4% Cap Rate.
Updated: Dec 11, 2024
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Allegan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Elkhart Hotel Redevelopment Opportunity
$3,250,000
41,497 SF

Elkhart Hotel Redevelopment Opportunity

120-Room Hotel, Prime Location

2820 Cassopolis St, Elkhart, IN 46514
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Winchester Mansion: Event Center Potential
$650,000
0.13 Acres

Winchester Mansion: Event Center Potential

Stunning property with income potential as event center or B&B.

529 S 2Nd St, Elkhart, IN 46516
View details
Red Ribbon Hall: Eaton Rapids Event Venue
$349,000
9,800 SF

Red Ribbon Hall: Eaton Rapids Event Venue

Historic Event Venue, 9,800 sq ft

314 Main St, Eaton Rapids, MI 48827
View details
Grand Riverfront Hospitality Opportunity
$2,399,900
3,248 SF

Grand Riverfront Hospitality Opportunity

76-acre estate with river frontage and income potential.

5795 Stimson Rd, Eaton Rapids, MI 48827
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Explore Off-Market Properties in Allegan, MI

Consider similar Off-Market properties in Allegan, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

340 M-40

340 M-40

Hotels • 9,500 SF
Value Estimation by Request
340 M-40, Allegan, MI 49010
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340 M 40th S

340 M 40th S

BED & BREAKFAST • 3,489 SF
Value Estimation
$370,000
340 M 40th S, Allegan, MI 49010-9609
View details

Allegan, MI Hospitality Properties Investment Opportunities Market Analysis

Explore 3 hospitality properties for sale in Allegan, MI on our real estate platform. These investment opportunities span a total of 3,019,579 square feet of properties for sale, with an estimated market value of $3,300,000.

Prices for hospitality properties in Allegan, MI start at $305,000, averaging $1,650,000, and reaching up to $2,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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