10244 Lost Vly Rd Montague, MI 49437-8533
Property profile & analytics
10244 Lost Vly Rd Montague, MI 49437-8533
- Commercial real estate
- 2,180 SF
- 0.76 lot acres
Property ID
US43-1071491
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 10244 Lost Vly Rd
- Lot size
- 0.76 lot acres
- Property size
- 2,180 SF
- Property type
- Commercial real estate
- APN
- 61-01-561-000-0032-00
- APU
- 6101561000003200
Description
This exceptional 10-bed motel, the Sky Reef Retreat, presents a compelling value-add investment opportunity in Montague, Michigan. Located at 10244 Lost Valley Rd, 49437, this single-story, 2,180 square foot property sits on a 0.76-acre lot (33,106 sq ft) and boasts 100% occupancy. The motel features a main building with 10 beds, including at least two queen beds, and a large deck offering stunning views. Amenities include a firepit, play area, and gardens. Renovated in 1990, the property is beautifully maintained and enjoys direct beach access to Lake Michigan, with proximity to nearby sand dunes. The current owner utilizes only half the space to break even, indicating significant upside potential through expanded seasonal operation and property expansion. An additional lot is available, ideal for constructing an innkeeper's suite or generating further income streams. The property is zoned commercial and offers owner training and a smooth transition for the new owner. This is a rare chance to acquire a well-established, high-performing motel with substantial growth potential in a desirable lakeside location. Asking price is $725,000 ($332.57/sq ft).
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Montague
- County
- Muskegon
- State
- Michigan
- Longitude
- -86.4515
- Latitude
- 43.4454
- CBSA code
- 34740
- CBSA name
- MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,568
$0.00
$0.00
$159,200
-
$0.00
$0.00
$318,400
