1159 S Shore Drive, Holland, MI 49423 (MLS# 26024468)

1159 S Shore Drive, Holland, MI 49423

New Listing
$1,999,999
Property Type: Commercial Sale Square Footage: 6,000 Lot Size (sq. ft.): 34,979 Status: Active
Current Price: $1,999,999 List Date: 5/23/2026 Last Modified: 5/23/2026

Overview

Description

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, along with a cozy garage apartment and a private residence, this property presents a unique opportunity for investors looking to capitalize on the thriving short-term rental market. With current NMU zoning regulations allowing for short-term rentals, the potential for increased revenue is immense. Imagine the possibility of converting this property back to its original glory of 20 guest rooms, maximizing your income potential and catering to the growing demand for vacation accommodations in this sought-after location. Don't miss this rare chance to invest in a versatile property that promises significant financial r ...

Supplements: Whether you're looking to grow your real estate portfolio, tear down and develop the property, or run a vacation rental/motel business, 1159 South Shore Drive is the perfect canvas for your vision! Act now to secure this incredible investment opportunity!

Listing Details MLS# 26024468

Location Property Info

County
Ottawa
Street #
1159
Street Direction
S
Street Name
Shore
Suffix
Drive
State
MI
Zip Code
49423
Zip (4)
4587

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.8
Lot Square Footage
34979
Lot Dimensions
100 x 350
Year Built
1950
Road Frontage
100
Mineral Rights
Yes
Total # Units
14
# Fin Bldg Lvls
5000
Total # Bldgs
3
Total SqFt
6000
Property Use Type
Investment
Full Baths
17
Waterfront
No
School District
Holland

Tax Info

Tax ID #
70-15-35-286-001
Taxable Value
227382
SEV
343400
For Tax Year
2025
Seller's Annual Property Tax
14158
Tax Year
2025
Spec Assessment & Type
none known
Zoning
NMU
Homestead %
0

Remarks Misc

Directions
South Shore Drive to address. Directly across from Central Park grocery store

Additional Details

Total Parking Spaces
17

More Information

Income and Expenses

Annual Maint ($)
10377.69
Annual Prop Ins ($)
8685.95
Annual Utilities ($)
27248.82
Gross Op Income ($)
127335.65
Net Operating Income
65688.85
Total Actual Rent
127335.65
Operating Expense
61646.8
Annual Mgt Fees ($)
0

Waterfront Options

Water Access Y/N
Yes

Location & Property Info

Cross Streets
Elm and Myrtle
Property Sub-Type
Business Opportunity
Municipality
Holland City
Principal Road
Yes
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
333.33
Prop Avail for Lease?
No
Current Bldg Use
monthly rentals, private home

Remarks & Misc

Public Remarks
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, along with a cozy garage apartment and a private residence, this property presents a unique opportunity for investors looking to capitalize on the thriving short-term rental market. With current NMU zoning regulations allowing for short-term rentals, the potential for increased revenue is immense. Imagine the possibility of converting this property back to its original glory of 20 guest rooms, maximizing your income potential and catering to the growing demand for vacation accommodations in this sought-after location. Don't miss this rare chance to invest in a versatile property that promises significant financial rewards.
Legal
LOTS 100 TO 106 INCL BLK 9 CENTRAL PARK SEC 35 T5N R16W

Water Type

Lake
Yes

Water Fea. Amenities

All Sports
Yes
Public Access 1 Mile or Less
Yes

Street Type

Paved
Yes
Public
Yes

SqFt Information

Smoke Detector(s)
Yes

Property Use

Investment
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Other
Yes

Construction Type

Block
Yes
Concrete
Yes
Frame/Wood
Yes

Exterior Material

Vinyl Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Business Includes

Real Estate
Yes
Other
Yes

Util Avail at St

Electricity Available
Yes
Natural Gas Available
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Property Features

Property Use: Investment SqFt Information: Smoke Detector(s) Water Type: Lake Uses: Other Business Includes: Real Estate; Other Construction Type: Block; Concrete; Frame/Wood Exterior Material: Vinyl Siding Roofing: Composition Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Electricity Available; Natural Gas Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None
IDX
Listing Office: BHG Connections
Listing Agent: Tammy L Kerr
Source MLS Verified
Last Updated: May - 23 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.