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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. 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!
| 2 weeks ago | Listing first seen on site | |
| 2 weeks ago | Listing updated with changes from the MLS® |
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