612 N Lakeshore Drive Active Save Request In-Person Tour Request Virtual Tour
Ludington,MI 49431
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 18,928 sqft
Price per Sqft $258
MLS Listing ID 67025025027
Year Built 1890
Annual Tax Amount $45,004
Lot Size 2.520 Acres
Property Sub-Type Business Opportunity
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 Ludington
Interior
Heating Forced Air
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Other,Wood
Schools
School District Ludington
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Unknown/Data Share Listings