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Motel with Monthly Rentals
For Sale
Under Contract
$1,850,000

1159 S Shore Drive, Holland, MI 49423

Commercial Sale, Holland, MI

Property Size6,000 SF
Lot Size0.80 Acres
Price / SF$308.33
Days on Market140

Property Features for 1159 S Shore Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description NMU
Bathrooms 17
Full bathrooms 17
Rooms Bathroom 2, Bathroom 1, Bathroom 10, Bathroom 16, Bathroom 5, Bathroom 3, Bathroom 9, Bathroom 7, Bathroom 12, Bathroom 11, Bathroom 13, Bathroom 14, Bathroom 15, Bathroom 17, Bathroom 8, Bathroom 6, Bathroom 4
Parking 17
Elementary school district Holland
Middle school district Holland
High school district Holland
Directions South Shore Drive to address. Directly across from Central Park grocery store
Standard status Active Under Contract
APN 70-15-35-286-001
Size 6,000 SF
Lot size 0.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 100 TO 106 INCL BLK 9 CENTRAL PARK SEC 35 T5N R16W
Tax Annual Amount 14158
Legal Description LOTS 100 TO 106 INCL BLK 9 CENTRAL PARK SEC 35 T5N R16W

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Central Air
Water front features Lake
Water front 1

Building Details

Year built 1950
Number of units 14
Building materials Wood Siding, Brick, Stone
Roof type Composition
Listing Agency: BHG Connections
Listed By: Tammy L Kerr · License #6502433373
Added: May 21 Changed: Sep 16 Last Checked: Oct 7 at 6:06PM
MLS# 26024468

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1950, this motel property contains approximately 6,000 square feet on 0.8 acres. The operation includes 14 fully functional monthly rentals, with a garage apartment, private residence, and 13 units in the motel portion. Improvements feature wood siding, brick, and stone construction, composition roofing, forced-air heat, central air conditioning, and natural gas availability.

The property is located at 1159 S Shore Drive in Holland, across from Central Market and near Lake Macatawa. Lake access and a beach are available nearby, with three access points identified. Zoning includes NMU, with the rear portion designated CNR Cottage neighborhood residential. The source information also identifies potential for one short-term rental under current NMU regulations and construction of two homes on the rear portion if the garage is removed.

Key Highlights

  • 14 fully operational monthly rentals on 0.8 acres
  • 13 units in the motel portion, plus a garage apartment and private residence
  • Approximately 6,000 square feet; built in 1950

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Motel - Operating motel property with monthly rentals, a garage apartment, private residence, and proximity to Lake Macatawa.
Where is this motel located?
The property is located at 1159 S Shore Drive 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: 14 fully operational monthly rentals on 0.8 acres; 13 units in the motel portion, plus a garage apartment and private residence; Approximately 6,000 square feet; built in 1950
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