0.8 Acres Lot
0.8 Acres Lot
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Holland City
MLS Listing ID 26026540
Year Built 1950
Annual Tax Amount $14,158
Tax Year 2025
Lot Size 0.803 Acres
Acres 0.8
Lot Dimensions 100 x 350
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
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.
Location
State MI
County Ottawa
Direction South Shore Dr to address. Directly across from Central Park grocery store.
Rooms
Basement Full, Slab
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Concrete, Driveway
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Waterfront Description Lake
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 20
Building
Lot Description Level
Structure Type Brick,Stone,Wood Siding
New Construction No
Schools
School District Holland
Others
Tax ID 70-15-35-286-001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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