Motel

Grand Rapids, MI Motels for Sale

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Two-Story Exterior-Corridor Motel
Updated: Sep 11
Two-Story Exterior-Corridor Motel

5131 28th Street Southeast, Grand Rapids, MI 49512

$5,400,000
107‑room motel with two separate buildings
PIP renovations completed in 2025
107‑space parking lot
Exterior‑corridor design with two stories
Commercial zoning and redevelopment potential identified
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Log-Exterior Motel Property
Log-Exterior Motel Property

2790 Blue Star Highway, Fennville, MI 49408

$449,900
2,073 sqft 0.96 AC lot

Open commercial interior with two bathrooms and a wood-sided exterior suited to redevelopment or continued hospitality use.

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Log-Cabin Motel Property
Log-Cabin Motel Property

Fennville, MI 49408

$449,900
2,076 sqft

Open interior, two bathrooms, and nearly an acre create a flexible foundation for hospitality or other commercial concepts.

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Historical Motel Near Lake Macatawa
Historical Motel Near Lake Macatawa

1159 S Shore Dr, Holland, MI 49423

$1,850,000
6,000 sqft

Historical motel with monthly rentals near Lake Macatawa.

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Historical Motel with Lake Access
Historical Motel with Lake Access

1159 S Shore Drive, Holland, MI 49423

$1,850,000
0.80 AC lot

Operating monthly-rental property with motel units, a garage apartment, and a private residence near Lake Macatawa.

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Off-Market Properties in Grand Rapids, MI

Consider similar Off-Market properties in Grand Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7040 Division S Ave
MOTEL

7040 Division S Ave, Grand Rapids, MI 49548-7177

Estimated value: by Request
3,288 sqft 0.94 AC lot
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14316 Ironwood NW Dr
MOTEL

14316 Ironwood NW Dr, Grand Rapids, MI 49534-1030

Estimated value:
$85,000
4,246 sqft 1.26 AC lot
View details

Grand Rapids, MI Motels Market Trends and Statistics

Explore 3 motels for sale in Grand Rapids, MI on our real estate platform.

Sale prices for motels in Grand Rapids, MI average $5,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 4
Motels 1

Demographics Overview

Population 434K
Population Growth (5Y) +2.4%
Median Household Income $74,271
College Educated 24.5%

High-Yield Neighborhoods for Investment

Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49512 $5.4M

Taxes & Financing

Tax Rate (average for all types) 3.15%
Property Tax per SF $44.85 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Grand Rapids fall within the 10,000 to 25,000 square foot range.

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