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.The back portion of the property is zoned CNR Cottage neighborhood residential, so you could build 2 homes if the garage was taken down.
0.8 Private Acres Losgröße
investition
1.180 $ Monatliche Steuer
Integriert 1950
MLS/Listing-ID 71026026540
14 Einheiten
Construction - Brick
Construction - Stone
Construction - Wood Siding
Kühlung – Zentrale Klimaanlage
Slab
Lake
Zusammensetzung
Parking - Concrete
Lot - Level
Heating - Natural Gas
Heating - Forced Air
GESAMTKOSTEN PRO MONAT
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