8446 Parcel B of W Hazel Road, Mears, MI 49436 (MLS# 23029791)

8446 Parcel B of W Hazel Road, Mears, MI 49436

$2,000,000

Property Type: Commercial Sale Square Footage: 13,908 Lot Size (sq. ft.): 42,253 Status: Sold

Current Price: $2,400,000 List Date: 8/14/2023 Last Modified: 8/21/2024

Overview

Description

This is your chance to own a well-established motel at the popular Silver Lake Sand Dunes. This 34-unit property on almost 1 acre offers a wide variety of room types, is in the heart of the popular tourist destination, and is within walking distance to all the area attractions. This is operated as a seasonal business from April-October and creates more revenue than some year-round businesses. Silver Lake is a 690 acre all sport lake and is the perfect vacation destination. Explore the 2000+ acres of sand nestled between the shores of Silver Lake and Lake Michigan.

Listing Details MLS# 23029791

Location Property Info

County: Oceana
Street #: 8446
Street Name: Parcel B of W Hazel
Suffix: Road
State: MI
Zip Code: 49436

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.97
Lot Square Footage: 42253
Lot Dimensions: Irregular -Ask for Survey
Year Built: 1970
Road Frontage: 90
Mineral Rights: No
Total # Units: 34
# Fin Bldg Lvls: 2
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
Total SqFt: 13908
Property Use Type: Business
Full Baths: 34
Waterfront: No
Body of Water: Silver Lake
School District: Hart

Tax Info

Tax ID #: 6400665003800
Taxable Value: 354335
SEV: 495200
For Tax Year: 2023
Seller's Annual Property Tax: 15500
Tax Year: 2022
Spec Assessment & Type: None Known
Zoning: Commercial
Homestead %: 0

Remarks Misc

Directions: Take US-31 N to W Polk Rd in Hart. Take exit 149 from US-31 N. Continue on W Polk Rd. Take W Fox Rd to W Hazel Rd in Mears.

Status Change Info

Under Contract Date: 2024-02-29
Sold Date: 2024-05-16
Sold Price/SqFt: 143.8

More Information

Location & Property Info

Cross Streets: Hazel/Leisure
Property Sub-Type: Business Opportunity
Area: MasonOceanaManistee - O
Municipality: Golden Twp

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 172.56
Prop Avail for Lease?: No

Remarks & Misc

Legal: Lengthy Legal

Property Use

Business: Yes
Investment: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Phone Connected: Yes
Propane: Yes

Sewer

Septic Tank: Yes

Water

Well: Yes

Uses

Recreation: Yes
Other: Yes

Construction Type

Block: Yes
Frame/Wood: Yes

Exterior Material

Stone: Yes
Vinyl Siding: Yes

Roofing

Composition: Yes
Metal: Yes

Heat Source

Propane: Yes

Sale Conditions

None: Yes

Ownership

LLC: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes
Wall Unit(s): Yes

Docs at List Office

Survey: Yes

Business Includes

Equipment: Yes
Furniture: Yes
Inventory: Yes
Real Estate: Yes

Foundation

Slab: Yes

Util Avail at St

Electricity Available: Yes

Docs Req Conf Agrmnt

Financials: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Property Features

Property Use: Business; Investment Uses: Recreation; Other Ownership: LLC Business Includes: Equipment; Furniture; Inventory; Real Estate Construction Type: Block; Frame/Wood Exterior Material: Stone; Vinyl Siding Roofing: Composition; Metal Foundation: Slab Sewer: Septic Tank Water: Well Utilities Attached: Cable Connected; Electricity Connected; Phone Connected; Propane Util Avail at St: Electricity Available Heat Source: Propane Heat Type: Forced Air Air Conditioning: Central Air; Wall Unit(s) Purchase Terms Avail: Cash; Conventional Docs at List Office: Survey Docs Req Conf Agrmnt: Financials Sale Conditions: None Possession: Close Of Escrow

Listing Office: City2Shore Gateway Group

Listing Agent: Amanda S Volkers

Last Updated: August - 21 - 2024

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