1159 S Shore Drive, Holland, MI

$1,999,999

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0.80

Acres

About 1159 S Shore Drive

Discover an Exceptional Investment Opportunity at 1159 South Shore Drive! Step into a piece of history with this charming historical motel, ideally located just across the street from the bustling Central Market grocery store and mere steps away from the serene beauty of Lake Macatawa with 3 access points and beach. Offering 14 fully operational monthly rentals, including a cozy garage apartment and a private residence, and 13 units in the old motel, this property presents a unique opportunity for investors looking to capitalize on a an extended stay market that could allow shorter term 30 day rentals. With current NMU zoning regulations allowing for 1 short-term rental, the potential for increased revenue is immense if turned into a condo building or going for a non conforming rezoning. Imagine the possibility of adding a second floor maximizing your income potential and catering to the growing demand for vacation accommodations in this sought-after location. The back portion of the property is zoned CNR Cottage neighborhood residential, so you could build 2 homes if the garage was taken down.

Features of 1159 S Shore Drive

MLS® # 26026540
Price $1,999,999
Acres 0.80
Year Built 1950
Type Multi Family
Sub-Type 5+ Units
Status Active

Community Information

Address 1159 S Shore Drive
City Holland
County Ottawa
State MI
Zip Code 49423

Amenities

Parking Concrete, Driveway
Is Waterfront No
Has Pool No
New Construction No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Lot Description Level
Roof Composition

School Information

District Holland

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentTammy Kerr
OfficeBHG Connections

Listing Map

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