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
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.
More Information MLS# 23029791
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
General Property Info
New Construction: No
Lot Dimensions: Irregular -Ask for Survey
Road Frontage: 90
Mineral Rights: No
Waterfront: No
Body of Water: Silver Lake
Total # Units: 34
# of Diff Unit Floor Plans: 8
Total # Bldgs: 2
# Fin Bldg Lvls: 2
Total SqFt: 13908
Property Use Type: Business
School District: Hart
Lot Measurement: Acres
Lot Acres: 0.97
Lot Square Footage: 42253
Year Built: 1970
Full Baths: 34
Tax Info
Taxable Value: 354335
SEV: 495200
For Tax Year: 2023
Seller's Annual Property Tax: 15500
Tax Year: 2022
Homestead %: 0
Spec Assessment & Type: None Known
Zoning: Commercial
Tax ID #: 6400665003800
Remarks & Misc
Legal: Lengthy Legal
Status Change Info
Sold Price/SqFt: 143.8
Under Contract Date: 2024-02-29
Sold Date: 2024-05-16
Sold Price: $2,000,000
Property Use
Business: 1
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Propane: 1
Sewer
Septic Tank: 1
Water
Well: 1
Uses
Recreation: 1
Other: 1
Construction Type
Block: 1
Frame/Wood: 1
Exterior Material
Stone: 1
Vinyl Siding: 1
Roofing
Composition: 1
Metal: 1
Heat Source
Propane: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Wall Unit(s): 1
Docs at List Office
Survey: 1
Business Includes
Equipment: 1
Furniture: 1
Inventory: 1
Real Estate: 1
Foundation
Slab: 1
Util Avail at St
Electricity Available: 1
Docs Req Conf Agrmnt
Financials: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Oceana
Street #: 8446
Street Name: Parcel B of W Hazel
Suffix: Road
State: MI
Zip Code: 49436
OfficeContract Info
Status: Sold
Current Price: $2,000,000
List Price: $2,400,000
Listing Date: 2023-08-14
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.
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
Last Updated: August - 21 - 2024
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