8446 Parcel B of W Hazel Road, Mears, MI 49436 (MLS# 23029791)

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: $2,000,000 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

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

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

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.