For Sale
1159 S Shore Drive, Holland, MI 49423
$1,999,999
MLS # 26026540 (Michigan Regional Information Center (MichRIC))
14 unitsBuilt 19500.8 acres
1 / 98
Listing 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.
Source: SparkMLS
About this home
Asking $1,999,999.
Annual property taxes run approximately $14,158 ($1,180/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Holland Board of Public Works; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype5+ Units
Bathrooms0
Lot Size0.8 acres
Year Built1950
Location
CityHolland
MunicipalityHolland City
Zip Code49423
CountyOttawa
School DistrictHolland
Construction & Systems
ConstructionBrick, Stone, Wood Siding
BasementFull, Slab
HeatingForced Air
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed6/1/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$14,158
Tax Year2025
State Equalized Value$343,400
Taxable Value$227,382
Assessed Value$227,382
Parcel #70-15-35-286-001
Source: Public Records
Legal Description
LOTS 100 TO 106 INCL BLK 9 CENTRAL PARK SEC 35 T5N R16W
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tammy L Kerr
BHG Connections
Frequently Asked Questions about 1159 S Shore Drive, Holland, MI 49423
Which school district serves 1159 S Shore Drive, Holland, MI 49423?
Per MLS# 26026540, 1159 S Shore Drive, Holland, MI 49423 is in the Holland boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Holland directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 26026540, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 1159 S Shore Drive, Holland, MI 49423?
Per public tax records, annual property taxes for this property are $14,158 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1159 S Shore Drive, Holland, MI 49423 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 1159 S Shore Drive, Holland, MI 49423 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 1159 S Shore Drive, Holland, MI 49423?
Per Michigan Public Service Commission service territory data: Electric: Holland Board of Public Works. Gas: SEMCO Energy Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Holland City police department or the Ottawa County sheriff's office.
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Monthly payment$12,972
Principal & interest$12,972
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Holland Board of Public Works
Municipal
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1159 S Shore Drive, Holland, MI 49423
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Municipality
Holland
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