340 M-40 Allegan, MI 49010
Sponsored
Luxury Hotel, Lakefront Retreat
Property size:
9,500 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 340 M-40
General Information
- Property type
- Hotels
- Square Feet
- 9,500 SF
- Lot Size
- 2,831,400 SF
Building Details
- Year Renovated
- 2012
- Buildings
- 4
- Stories
- 3
HighLights
- Exceptional hospitality property on 65 private acres with lakefront access in Allegan County, MI.
- Four buildings totaling 9,500 square feet, including a restored Victorian mansion (1906, renovated 2012) and 1985 additions.
- 10 luxurious guest rooms/suites with amenities such as WiFi, jetted tubs, fireplaces, and private baths.
- Features substantial event space, on‑site spa, kayaks, paddle boats, walking trails, and gazebos; potential for increased revenue from underutilized areas.
- Commercial zoning allows for future expansion; strong location between Chicago and Detroit (2.5 hours from each), and under an hour from Grand Rapids, near popular tourist destinations. Asking price: $2,995,000. 10.4% Cap Rate.
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
Map
- City
- Allegan
- County
- Allegan
- State
- Michigan
- Longitude
- -85.8671347
- Latitude
- 42.4448164
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Luxury Hotel, Lakefront Retreat
Where is this hotel located?
The property is located at 340 M-40 Allegan, MI.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Exceptional hospitality property on 65 private acres with lakefront access in Allegan County, MI.; Four buildings totaling 9,500 square feet, including a restored Victorian mansion (1906, renovated 2012) and 1985 additions.; 10 luxurious guest rooms/suites with amenities such as WiFi, jetted tubs, fireplaces, and private baths.
