Properties for sale in Michigan

1159 S Shore Drive, Holland, MI 49423

$1,850,000

Property Type: Multi Family Lot Size (sq. ft.): 34,979 Status: Active Contingent

Current Price: $1,850,000 List Date: 6/02/2026 Last Modified: 7/23/2026

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, 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.

Supplements: The back portion of the property is zoned CNR Cottage neighborhood residential, so you could build 2 homes if the garage was taken down.

Listing Details MLS# 26026540

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

Lot Measurement: Acres
Lot Square Footage: 34979
Lot Acres: 0.8
Lot Dimensions: 100 x 350
Year Built: 1950
New Construction: No
Financial Available: Yes
Financial Comments: monthly rentals, private home
Cert. of Compliance Exp Date: 2026-05-22
Road Frontage: 100
Total # Units: 14
# of Diff Unit Floor Plans: 6
Total # Bldgs: 3
Total Approx. SqFt All Bldgs: 6000
Total Parking Spaces: 20
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 & Ty: none known
Zoning: NMU

Remarks Misc

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

Waterfront Options

Water Access Y/N: Yes

More Information

Access Feat

Accessibility Features: No

Income and Expenses

Gross Op. Inc.: 127335.65
Net Operating Income: 65688.85

Unit 1

Unit Description: Main House
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes

Unit 2

Unit Description: Unit 1 - 12, 14, 15
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: 3
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit Description: 4
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit Description: 5
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit Description: 6
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit Description: 7
Bathrooms: Yes
Full Baths: Yes

Unit 8

Unit Description: 8
Bathrooms: Yes
Full Baths: Yes

Unit 9

Unit Description: 9
Bathrooms: Yes
Full Baths: Yes

Unit 10

Unit Description: 10
Bathrooms: Yes
Full Baths: Yes

Unit 11

Unit Description: 11
Bathrooms: Yes
Full Baths: Yes

Unit 12

Unit Description: 12
Bathrooms: Yes
Full Baths: Yes

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

Documents

Listing Office: BHG Connections

Listing Agent: Tammy L Kerr

Last Updated: July - 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.