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    1180 N Shore Dr Mears, MI 49436

    For Sale
    $8,900,000

    Commercial/Industrial - Mears, MI

    Property size:
    63,000 SF
    Lot size:
    3.00 Acres
    Days on Market:
    219
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1180 N Shore Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Resort
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    74
    Bathrooms
    75
    APN
    006-140-022-00,182-039-00
    Interior features
    Cable TV, Refrigerator, Washer, Natural Gas, Off-Street Parking, Air-Conditioning, Common Area, Ample Parking, Dryer, Range, Exhaust Fan, Refrigerator Fan, Patio/Deck, Paved Roads
    Basement Y/N
    1
    Appliances
    Dryer, Range, Refrigerator
    Size
    63,000 SF
    Lot size
    3.00 Acres

    Utilities

    Utilities
    Cable Available, Natural Gas Available
    Heating system
    Natural Gas
    Water front features
    180 Feet Of Waterfront, Waterfront
    Water front
    1

    Building Details

    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Berkshire Hathaway HomeServices Real Estate (231) 547-9905 [email protected]

    Listing agent Austen Lobenherz (231) 547-9905

    Listing date May 1, 2025

    MLS# 476265 Listing URL

    Copyright © 2025 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Resort Near Silver Lake Dunes

    The Dunes Waterfront Resort presents a unique opportunity to acquire a fully operational waterfront hotel situated on the shores of Silver Lake, directly opposite the Silver Lake Sand Dunes. This resort features 74 guest rooms, including 45 lake-facing units with private balconies. The top floor includes an indoor pool, a game room, conference space, and a kitchen. A manager’s office and apartment are located adjacent to the front desk. Additional land across the street includes storage buildings. The property has conditional approval for additional structures, allowing for future development. The property has been well maintained with a new roof and siding. The offering includes real estate, FF&E, operations, and additional land. The property is located in Mears, MI, and the lot size is 3 acres with a living area of 63000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dunes Waterfront Resort Hotel

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Hotel & Motel Department Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mears
    County
    Oceana
    State
    Michigan
    Longitude
    -86.489984
    Latitude
    43.668069

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      Waterfront Resort Near Silver Lake Dunes

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    FAQs

    What type of property is this?
    Hotel - Turn-key waterfront hotel with development potential near Silver Lake Sand Dunes.
    Where is this hotel located?
    The property is located at 1180 N Shore Dr Mears, MI.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: - 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.
    (231) 547-9905
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    1180 N Shore Dr Mears, MI 49436
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    Mears, MI 49436
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1180 N Shore Dr Mears, MI 49436
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