$1,999,999
Holland, MI 49423
MLS# 26026540
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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: Myrtle & Elm
Property Sub-Type: 5+ Units
Municipality: Holland City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 333.33
General Property Info
New Construction: No
Lot Dimensions: 100 x 350
Financial Available: Yes
Financial Comments: monthly rentals, private home
Road Frontage: 100
Cert. of Compliance Exp Date: 2026-05-22
Waterfront: No
Basement: No
Total # Units: 14
# of Diff Unit Floor Plans: 6
Total # Bldgs: 3
Total Approx. SqFt All Bldgs: 6000
Total Parking Spaces: 20
School District: Holland
Lot Measurement: Acres
Lot Square Footage: 34979
Lot Acres: 0.8
Year Built: 1950
Tax Info
Taxable Value: 227382
SEV: 343400
For Tax Year: 2025
Seller's Annual Property Tax: 14158
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 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
Lot Description
Level: 1
Income and Expenses
Gross Op. Inc.: 127335.65
Net Operating Income: 65688.85
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Brick: 1
Stone: 1
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Driveway
Concrete: 1
Substructure
Full: 1
Slab: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: Main House
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Unit 2
Unit Description: Unit 1 - 12, 14, 15
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 3
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 4
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 5
Unit Description: 5
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 6
Unit Description: 6
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 7
Unit Description: 7
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 8
Unit Description: 8
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 9
Unit Description: 9
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 10
Unit Description: 10
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 11
Unit Description: 11
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 12
Unit Description: 12
Bedrooms: 1
Bathrooms: 1
Full Baths: 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 Dr to address. Directly across from Central Park grocery store.
Property Features
Water Type: Lake
Exterior Material: Brick; Stone; Wood Siding
Roofing: Composition
Substructure: Full; Slab
Lot Description: Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Concrete
Street Type: Paved; Public
Terms Available: Cash; Conventional
Sale Conditions: None
LBP 
Listing Office: BHG Connections
Listing Agent: Tammy L Kerr
Last Updated: June - 02 - 2026
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