Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1180 North Shore Dr Mears, MI 49436

    For Sale
    $8,900,000

    Recreational/Resort - Mears, MI

    Property size:
    63,000 SF
    Lot size:
    2.29 Acres
    Days on Market:
    216
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1180 North Shore Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Motel/Hotel
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    77
    Basement Y/N
    1
    Size
    63,000 SF
    Lot size
    2.29 Acres

    Utilities

    Heating system
    Forced Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1993
    Building materials
    Block
    Roof type
    Asphalt
    Architectural style
    Other

    Berkshire Hathaway Home Svcs (231) 547-9905

    Listing agent Austen Lobenherz (231) 547-9905

    Listing date May 4, 2025

    MLS# 1933235 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors 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 location is known as a popular destination for off-road vehicle enthusiasts and families. The 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. Adjacent to the front desk is a manager’s office and apartment. The property also includes additional land across the street with storage buildings. The sandy beachfront parcel has conditional approval for additional structures, allowing for future development. The property has been maintained with a new roof and siding. The property is located in Mears, MI. The resort, operating seasonally for five months, has a cap rate just under 10% at the asking price. The offering includes real estate, FF&E, operations, and additional land. The property size is approximately 63000 square feet and sits on 2.29 acres.
    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
    -86.489943
    Latitude
    43.6673

    Nearby Similar for Sale

    • $2,800,000
      9,425 SF

      Established Storefront Near Silver Lake

      Long-standing retail store near Silver Lake State Park.
      8587 Silver Lake Rd, Mears, MI 49436
      View Details
    • $1,700,000
      9,425 SF

      Parkside Store Business Opportunity

      Established Silver Lake business with high foot traffic location for sale.
      8587 Silver Lake Rd, Mears, MI 49436
      View Details
    • $350,000
      2,500 SF

      Established Restaurant Near Silver Lake Dunes

      Well-established breakfast restaurant with living unit near Silver Lake Sand Dunes.
      5689 W Fox Rd, Mears, MI 49436
      View Details
    • $364,900

      Silver Lake Area Family Home

      3-bedroom, 2-bath residence in desirable Silver Lake neighborhood.
      8439 W Easy St, Mears, MI 49436
      View Details
    • $8,900,000
      63,000 SF

      Waterfront Resort Near Silver Lake Dunes

      Turn-key waterfront hotel with development potential near Silver Lake Sand Dunes.
      1180 N Shore Dr, Mears, MI 49436
      View Details

    FAQs

    What type of property is this?
    Hotel - Turn-key waterfront hotel with development potential near Silver Lake Dunes.
    Where is this hotel located?
    The property is located at 1180 North 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 with conditional approval for expansion, allowing for revenue-generating development.
    (231) 547-9905
    Request Owner's contact information
    1180 North Shore Dr Mears, MI 49436
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1180 North Shore Dr
    Mears, MI 49436
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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 North Shore Dr Mears, MI 49436
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.