Hospitality

Spring Lake, MI Hospitality Properties for Sale

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Ferrysburg, MI Grand Haven, MI Norton Shores, MI
Waterfront Restaurant/Bar Opportunity
Updated: Mar 26
Waterfront Restaurant/Bar Opportunity

971 W Savidge Street, Spring Lake, MI 49456

$2,850,000
6,766 sqft · 2.24 AC lot
Premier waterfront location on the Grand River channel with expansive 150‑seat outdoor deck.
Turn‑key 7,000 SF restaurant/bar with full kitchen and bar, seating 260 indoors.
Includes Resort Class‑C liquor license and Brew Pub license.
2+ acre site with 90+ parking spaces.
High‑profile location at the west end of the primary commercial corridor (M‑104/Savidge Street).
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Waterfront Restaurant/Bar Opportunity
Updated: Mar 31
Waterfront Restaurant/Bar Opportunity

971 W Savidge St, Spring Lake, MI 49456

$2,850,000
7,000 sqft · 2.24 AC lot
Premier waterfront restaurant/bar location on the Grand River channel in Spring Lake, MI.
Turn‑key, 7,000 SF space with full kitchen and bar, ready for immediate operation.
Expansive outdoor deck with 150 seats overlooking the water.
Resort Class‑C liquor license and Brew Pub license included.
High‑traffic location in a popular tourist area with close proximity to marinas and residential developments.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Spring Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 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.

Versatile Retail Entertainment Building
Versatile Retail Entertainment Building

8171 Whitehall Road, Whitehall, MI 49461

$665,000
6,000 sqft · 2.64 AC lot

Large commercial building with existing parking and 3-phase power, offering flexible options under Business zoning.

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Historical Motel with Monthly Rentals
Historical Motel with Monthly Rentals

1159 S Shore Drive, Holland, MI 49423

$1,999,999
0.80 AC lot

14 fully operational monthly rentals combine motel units with a garage apartment and private residence.

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Commercial Building with 3-Phase Power
Commercial Building with 3-Phase Power

8171 Whitehall Road, Whitehall, MI 49461

$665,000
2.64 AC lot

Busy roadside commercial building with a prior three-screen theater setup, substantial power, and parking on over 2.6 acres.

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Historical Motel Near Lake Macatawa
Historical Motel Near Lake Macatawa

1159 S Shore Drive, Holland, MI 49423

$1,999,999
6,000 sqft

Historical motel with monthly rentals near Lake Macatawa.

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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.

Norton Shores Development Opportunity
Norton Shores Development Opportunity

1404 E Ellis Road, Norton Shores, MI 49444

$1,450,000
23.63 AC lot

23-acre development site at US-31 and Ellis Road.

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Norton Shores Vacant Commercial Land
Norton Shores Vacant Commercial Land

957-983 E Broadway Ave, Norton Shores, MI 49444

$85,000

Prime commercial land opportunity in Norton Shores, Michigan.

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Waterfront Development Opportunity on Muskegon
Waterfront Development Opportunity on Muskegon

1794 Lakeshore Drive, Muskegon, MI 49441

$1,950,000
8.95 AC lot

8+ acre waterfront parcel with 1,500 feet of frontage.

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West Olive Commercial Land Available
West Olive Commercial Land Available

Lake Michigan Drive, West Olive, MI 49460

$350,000
3.58 AC lot

Prime commercial lot with B-1 and B-2 zoning.

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Off-Market Properties in Spring Lake, MI

Consider similar Off-Market properties in Spring 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.

17697 Fruitport Rd
MOTEL

17697 Fruitport Rd, Spring Lake, MI 49456-1599

Value Estimation by Request
1,509 sqft · 0.56 AC lot
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Spring Lake, MI Hospitality Properties Market Trends and Statistics

Explore 3 hospitality properties for sale in Spring Lake, MI on our real estate platform. These investment opportunities span a total of 13,766 square feet of properties for sale, with an estimated market value of $5,700,000.

Sale prices for hospitality properties in Spring Lake, MI start at $2,850,000, averaging $2,850,000, and reaching up to $2,850,000 — 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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Demographics Overview

Population 20K
Population Growth (5Y) +4.3%
Median Household Income $85,807
College Educated 66.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49456 $2.9M

Taxes & Financing

Tax Rate (average for all types) 3.27%
Property Tax per SF $56.42 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ottawa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Ottawa County

Retail

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