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
IDX
Last Updated: August - 21 - 2024
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.