Hospitality

Greenville, MI Hospitality Properties for Sale

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Updated 4-Unit Motel Property
Updated: Mar 28
Updated 4-Unit Motel Property

109 S Greenville W Drive, Greenville, MI 48838

$574,900
1,320 sqft 1.43 AC lot
1.4‑acre commercial property with redevelopment potential behind Hobby Lobby
Former Westwood Motel site with an updated 4‑unit motel on the back of the property (1,320 SF)
Current setup: 3 units used as monthly rentals
Owner‑occupied business suite currently uses the remaining unit
Heating includes ductless (heating); natural gas is available
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Waterfront Land with Docks
Updated: May 19
Waterfront Land with Docks

3783 Holiday Drive, Greenville, MI 48838

$75,000
0.17 AC lot
Newly built (2025) chalet‑style home on Perch Lake.
Direct access to a sandy beach area for swimming and recreation.
Includes a large vinyl dock for boating and entertaining.
Modern mini‑split system provides efficient heating and air conditioning.
8x16 covered porch with stunning lake views.**
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Redevelopment Motel Property with Units
Redevelopment Motel Property with Units

109 S Greenville West Dr, Greenville, MI 48838

$574,900
1,320 sqft 1.40 AC lot

Former motel site offering an updated 4-unit motel with monthly rentals and an owner-occupied business suite.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Greenville, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Campground with Cabins and Boat Slips
Campground with Cabins and Boat Slips

4398 NEWCOSTA AVE, Morley, MI 49336

$2,900,000
2,395,800 sqft 130.00 AC lot

Established recreational property with campsites, cabins, waterfront access, and multiple supporting facilities.

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Historic Grand Rapids Mixed-Use Building
Historic Grand Rapids Mixed-Use Building

25 Sheldon Ave SE, Grand Rapids, MI 49503

$5,250,000
48,211 sqft

Landmark property in downtown Grand Rapids with historic architecture.

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Prime Commercial Property on Corner
Prime Commercial Property on Corner

2031 4 Mile Rd Nw, Grand Rapids, MI 49544

$1,700,000
17.40 AC lot

Corner commercial property with acreage, frontage, and development potential.

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Resort Property With Dock
Resort Property With Dock

4398 Newcosta Avenue, Morley, MI 49336

$2,500,000

The property includes water, gravel, and dock features, with central air and multiple heating systems.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Building Site in Canadian Lakes
Waterfront Building Site in Canadian Lakes

11585 Portstewart Drive, Canadian Lakes, MI 49346

$65,900
0.70 AC lot

Building site in Tullymore Resort with lake frontage and amenities.

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Recreation and Building Lot
Recreation and Building Lot

9019 John Street, Mecosta, MI 49332

$37,500
0.49 AC lot

Residential or seasonal use parcel with electric service, a newer well and septic, and a large storage shed.

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Greenville, MI Hospitality Properties Market Trends and Statistics

Explore 3 hospitality properties for sale in Greenville, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,640 square feet of properties for sale, with an estimated market value of $1,224,800.

Sale prices for hospitality properties in Greenville, MI start at $75,000, averaging $408,266, and reaching up to $574,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 2
Resorts 1

Demographics Overview

Population 18K
Population Growth (5Y) -2.1%
Median Household Income $66,126
College Educated 26.0%

High-Yield Neighborhoods for Investment

Identify Greenville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48838 $408.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montcalm County

New Delisted

Total CRE Inventory on Market (SF)

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