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Mears, MI Hospitality Properties for Sale

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Waterfront Resort Near Silver Lake Dunes
$8,900,000
63,000 SF

Waterfront Resort Near Silver Lake Dunes

1180 N Shore Dr, Mears, MI 49436

Turn-key waterfront hotel with development potential near Silver Lake Sand Dunes.

  • High‑performing, turn‑key waterfront hotel directly across from the Silver Lake Sand Dunes.
  • 74 spacious guest rooms, including 45 lake‑facing units with private balconies.
  • Additional land approved for future development, such as a bar and grill or watersports rental.
  • Strong repeat business, rising ADR, and consistent cash flow with a cap rate just under 10%.
  • Indoor pool, game room, conference space, and kitchen on the top floor, ideal for conversion.
Updated: May 1, 2025
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Waterfront Resort Near Silver Lake Dunes
$8,900,000
63,000 SF

Waterfront Resort Near Silver Lake Dunes

1180 North Shore Dr, Mears, MI 49436

Turn-key waterfront hotel with development potential near Silver Lake Dunes.

  • High‑performing, turn‑key waterfront hotel directly across from the Silver Lake Sand Dunes.
  • 74 spacious guest rooms, including 45 lake‑facing units with private balconies.
  • Additional land with conditional approval for expansion, allowing for revenue‑generating development.
  • Strong financial performance with a cap rate near 10% and consistent cash flow.
  • Top floor with indoor pool, game room, conference space, and kitchen, offering potential for conversion.
Updated: May 4, 2025
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Mears, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Turnkey Business Opportunity in Ludington
Pending
$849,900
800 SF

Turnkey Business Opportunity in Ludington

Property with RV sites and boat slips, potential development opportunity.

846 S Lakeshore Dr, Ludington, MI 49431
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Boutique Hotel Near Lake Michigan
$1,900,000
0.39 Acres

Boutique Hotel Near Lake Michigan

Turnkey, high-performing boutique hotel near downtown Ludington and Lake Michigan.

710 W Ludington Ave, Ludington, MI 49431
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Whiskey Creek Wilderness Retreat
$68,000
0.31 Acres

Whiskey Creek Wilderness Retreat

Land with cabin, storage shed, and trailer near Manistee Forest.

4993 East Wetland Trl, Custer, MI 49405
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RV Site in Recreational Paradise
$35,000
0.16 Acres

RV Site in Recreational Paradise

RV site with amenities near Manistee National Forest.

5121 Oak Ln, Custer, MI 49405
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Explore Off-Market Properties in Mears, MI

Consider similar Off-Market properties in Mears, 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.

1217 Emerald St

1217 Emerald St

Restaurants
Value Estimation by Request
1217 Emerald St, Mears, MI 49436
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Mears, MI Hospitality Properties Investment Opportunities Market Analysis

Explore 3 hospitality properties for sale in Mears, MI on our real estate platform. These investment opportunities span a total of 230,432 square feet of properties for sale, with an estimated market value of $17,800,000.

Prices for hospitality properties in Mears, MI start at $8,900,000, averaging $8,900,000, and reaching up to $8,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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