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Silver Lake, 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 North Shore Drive, 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 2, 2025
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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 Drive, 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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Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 2 Active listings in Silver Lake, MI, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads

Explore Off-Market Properties in Silver Lake, MI

Consider similar Off-Market properties in Silver Lake, 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
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1217 Emerald St, Mears, MI 49436
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Silver Lake, MI Hospitality Properties Investment Opportunities Market Analysis

Explore 3 hospitality properties for sale in Silver Lake, 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.

Sale prices for hospitality properties in Silver Lake, 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 stay ahead with the latest data and market trends.

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