612 N Lakeshore DR Active

Ludington,MI 49431

$ 4900000

- Bed

43 Baths

18928 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 18,928 sqft

Price per Sqft $258

MLS Listing ID 67025025027

Year Built 1890

Lot Size 2 Sqft

Property Description

Incredible investment opportunity just steps from Lake Michigan! Nader's Motel & Suites is a well-established hospitality property in the heart of Ludington, offering 39 beautifully maintained rooms in a variety of styles--including 16 spacious suites, with eight featuring convenient kitchenettes for extended stays. Set on over 2.5 acres of landscaped grounds, the property boasts a heated saltwater outdoor pool, picnic and grilling areas, bike rentals, a fitness center, and a playground area that keeps guests coming back year after year. The charming main house is a standout feature, thoughtfully updated with three bedrooms, 3.5 bathrooms, a luxurious steam shower room, a home theater, and modern finishes throughout--perfect as an owner's residence or an additional income-generating rental.With a prime location along desirable Lakeshore Drive, guests enjoy quick access to the beach, downtown Ludington, the marina, and Ludington State Park. This turnkey business offers strong rental history, excellent amenities, and room to grow. Welcome Home!

Location

State MI

County Mason

Area Area53082Ludington

Interior

Heating ForcedAir, NaturalGas

Exterior

Parking Features Paved

Utilities Available NaturalGasConnected

View Y/N No

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

School District Ludington

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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