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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1511 N Wilson Rd , Mears, MI 49436
$1,195,000
Est. Payment: $2,655.56/mo
0 Bed
2 Bath
5984 Sqft
Status: Active | Days on site: 18
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House Description

Rare opportunity ~ Historic Val-Du Lakes Bar/Grill & event grounds in Mears, Michigan, just minutes from Silver Lake, Lake Michigan, and the iconic Silver Lake Sand Dunes. Also available is adjacent Manor that is a high value short-term rental (SRT) and established campground with significant expansion potential to well over 300 sites. All properties have significant upside potential (Call for more Details). This historic Val-Du Lakes Bar & Grill and event grounds is approximately 15.17-acre offering combines a restaurant and bar operation, outdoor event grounds, concert venue infrastructure, parking lot, and associated land. The Val-Du Lakes Bar & Grill features approximately 4,412 SF with a full bar, dining areas, indoor stage, full kitchen, basement storage with walk-ins, and an upstairs loft with pool tables. The outdoor grounds are designed for events and live entertainment, including a 9,500 SF event deck, 4,800 SF open-air concert pavilion with stage, 320 SF concession stand, high-capacity power distribution, and parking for large-scale gatherings. With established hospitality infrastructure, event-ready grounds, and a long history as a lakeshore entertainment destination, this property presents a unique opportunity for an owner/operator, restaurant group, event venue operator, or investor seeking a landmark property in one of Michigan's most popular seasonal tourism corridors.

Highlights

Listed by Marcus P Velzen , 616-340-8948 Lacuna Group LLC , 616-855-7662.

Property Type

Commercial Sale

Lot/Acreage
15.17

Year Built

1982

County

Oceana

School District

Hart

Listing ID

26041751

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Central Air
Fireplaces:
Water:Private Water,Well

Exterior Features

Roof:Composition,Metal
Sewer:Septic Tank
Principal Interest
$2,656
Taxes
$718

Home Price

$1,195,000

Loan Details

30 yrs
%

Down Payment

20%
$239,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,655.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,655.56 $717.50 $0.00 $3,373.06
Yearly $31,866.67 $8,610.00 $0.00 $40,476.67
Total $956,000.00 $258,300.00 $0.00 $1,214,300.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Mears, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.