Historical Motel Near Lake
For Sale
$1,850,000
Pending
1159 S Shore Dr, Holland, MI 49423
Historical motel with monthly rentals near Lake Macatawa.
Property Size6,000 SF
Days on Market223
Property Features for 1159 S Shore Dr
General Information
Standard status
Pending
Size
6,000 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
BHG Connections
Listed By:
Tammy L Kerr · License #6502433373
(616) 218-0873
Source:
Vmrealestatemichigan
Added: Mar 14
Changed: Oct 1
Last Checked: Oct 20 at 9:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHG Connections
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Investment Insights
Based on property information with market context.
Located across from the Central Market grocery store and steps from Lake Macatawa, this historical motel at 1159 South Shore Drive offers an investment opportunity. The property includes 14 operational monthly rentals, a garage apartment, and a private residence. The current NMU zoning allows for short-term rentals, presenting the potential for increased revenue. The property could be converted back to its original configuration of 20 guest rooms to cater to the demand for vacation accommodations. This property is suitable for growing a real estate portfolio or operating a vacation rental/motel business. The property size is 6000 square feet.
Key Highlights
- Prime location across from Central Market and steps from Lake Macatawa with 3 access points and beach.
- Currently operating as 14 monthly rentals with a garage apartment and private residence.
- NMU zoning allows for short‑term rentals, increasing revenue potential.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 49423, MI
46,870
Population
19,019
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
77.9 sq mi
ZIP Area
602
Density / Sq Mi
$78,524
Median Household Income
$36,643
Median Earnings
$1,143
Median Rent
$254,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Motel - Historical motel with monthly rentals near Lake Macatawa.
Where is this motel located?
The property is located at 1159 S Shore Dr Holland, MI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Prime location across from Central Market and steps from Lake Macatawa with 3 access points and beach.; Currently operating as 14 monthly rentals with a garage apartment and private residence.; NMU zoning allows for short‑term rentals, increasing revenue potential.
