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Short-Term Rental Property With Cottages
For Sale
Contact for pricing
Pending

40764 62nd Avenue, Paw Paw, MI 49079

Lakefront hospitality property with vacation cottages, a main residence, storage buildings, and private waterfront amenities.

Property SizeContact for details
Lot Size9.80 Acres
Days on Market142

Property Features for 40764 62nd Avenue

General Information

Standard status Pending
Lot size 9.80 Acres
Property subtype Special Purpose

Additional Details

Multifamily Units 9

Amenities

private dock & beach

Building Details

Buildings 14
Listing Agency: Redzone Realty Group, LLC
Listed By: Cole Allers · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:53PM

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 Redzone Realty Group, LLC

Investment Insights

Based on property information with market context.

This hospitality property spans 9.8 acres and includes 8 cottages configured for vacation rentals. The improvements also include 5 storage buildings, a main house, maintenance equipment, and a private dock with beach access.

Located on a lake in Michigan at 40764 62nd Avenue in Paw Paw, the property combines lodging accommodations, residential space, storage, and direct waterfront features within one holding. The cottage component and supporting improvements provide a defined short-term rental setup with additional on-site facilities.

Key Highlights

  • 9.8 acres with 8 cottages for vacation rentals
  • 5 storage buildings included
  • Main house included with the property

Property Analytics

Current Use

Radiant Life Retreat Resort

Suggested Use

Top Pick Pet Store (Bike/Boat/Book/etc) Store

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 49079, MI

13,766
Population
6,019
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
83.4 sq mi
ZIP Area
165
Density / Sq Mi
$72,119
Median Household Income
$41,376
Median Earnings
$841
Median Rent
$214,600
Median Home Value

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?
Short term rental property - Lakefront hospitality property with vacation cottages, a main residence, storage buildings, and private waterfront amenities.
Where is this short term rental property located?
The property is located at 40764 62nd Avenue Paw Paw, MI.
What are key features of this property?
This property features: 9.8 acres with 8 cottages for vacation rentals; 5 storage buildings included; Main house included with the property
More about this property
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