Historical Motel with Monthly
For Sale
$1,850,000
1159 S Shore Drive, Holland, MI 49423
Historical motel offering 14 monthly rental units with multiple access points and NMU zoning allowing one short-term rental.
Property Size6,000 SF
Days on Market24
Property Features for 1159 S Shore Drive
General Information
Standard status
Active
Size
6,000 SF
Total Parking Spaces
17
Property subtype
Commercial
Zoning
NMU
Taxes and HOA fees
Annual Taxes
$14,158
Building Details
Building Size
6,000 SF
Year Built
1950
Buildings
3
Stories
5000
Units
14
Tenancy
Multi
Listing Agency:
BHG Connections
(616) 218-0873
Listed By:
Tammy L Kerr · License #6502433373
(616) 218-0873
Source:
Thebrokeragehouse
Added: Jul 29
Changed: Aug 8
Last Checked: Aug 8 at 11:03AM
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
Investment Insights
Based on property information with market context.
This historical motel at 1159 S Shore Drive was built in 1950 and is set up for extended-stay occupancy. The property includes 14 fully operational monthly rentals, consisting of 13 units in the old motel plus a cozy garage apartment and a private residence.
The site is located just across the street from Central Market grocery store, with steps access to the Lake Macatawa beach area and 3 access points.
Zoning considerations include current NMU zoning regulations allowing for 1 short-term rental. The back portion of the property is zoned CNR Cottage neighborhood residential, providing a different residential zoning component for the rear area.
The site is located just across the street from Central Market grocery store, with steps access to the Lake Macatawa beach area and 3 access points.
Zoning considerations include current NMU zoning regulations allowing for 1 short-term rental. The back portion of the property is zoned CNR Cottage neighborhood residential, providing a different residential zoning component for the rear area.
Key Highlights
- 14 fully operational monthly rentals including 13 units plus a garage apartment and private residence
- Built in 1950 historical motel
- Steps to Lake Macatawa beach area and located across the street from Central Market
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Motel - Historical motel offering 14 monthly rental units with multiple access points and NMU zoning allowing one short-term rental.
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 including 13 units plus a garage apartment and private residence; Built in 1950 historical motel; Steps to Lake Macatawa beach area and located across the street from Central Market
