$1,999,999
Holland, MI 49423
MLS# 26024468
6000 sqft
1 / 98
Property 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 rewards.
Details
Documents
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
General Property Info
New Construction: No
Lot Dimensions: 100 x 350
Road Frontage: 100
Mineral Rights: Yes
Waterfront: No
Total # Units: 14
Total # Bldgs: 3
# Fin Bldg Lvls: 5000
Total SqFt: 6000
Property Use Type: Investment
School District: Holland
Lot Measurement: Acres
Lot Acres: 0.8
Lot Square Footage: 34979
Year Built: 1950
Full Baths: 17
Tax Info
Taxable Value: 227382
SEV: 343400
For Tax Year: 2025
Seller's Annual Property Tax: 14158
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: none known
Zoning: NMU
Tax ID #: 70-15-35-286-001
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
Waterfront Options
Water Access Y/N: Yes
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Public Access 1 Mile or Less: 1
Additional Details
Total Parking Spaces: 17
Income and Expenses
Annual Maint ($): 10377.69
Annual Mgt Fees ($): 0
Annual Prop Ins ($): 8685.95
Annual Utilities ($): 27248.82
Gross Op Income ($): 127335.65
Total Actual Rent: 127335.65
Net Operating Income: 65688.85
Operating Expense: 61646.8
Street Type
Paved: 1
Public: 1
SqFt Information
Smoke Detector(s): 1
Property Use
Investment: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Other: 1
Construction Type
Block: 1
Concrete: 1
Frame/Wood: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Real Estate: 1
Other: 1
Util Avail at St
Electricity Available: 1
Natural Gas Available: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Ottawa
Street #: 1159
Street Direction: S
Street Name: Shore
Suffix: Drive
State: MI
Zip Code: 49423
Zip (4): 4587
OfficeContract Info
Status: Active
Current Price: $1,999,999
List Price: $1,999,999
Listing Date: 2026-05-21
Remarks Misc
Directions: South Shore Drive to address. Directly across from Central Park grocery store
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
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!
Parcel Report 
Listing Office: BHG Connections
Listing Agent: Tammy L Kerr
Last Updated: May - 23 - 2026
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