612 N Lakeshore Drive, Ludington, MI 49431 - MLS#67025025027

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Jonathan Francisco

jonfrancisco.realtor@gmail.com +1(586) 200-9926

$4,900,000

Est. payment - /mo

18,928 SqFt

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UPDATED:

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

Acres 2.52

Lot Dimensions 454.41x191.5

Property Sub-Type Business Opportunity

Source Mason Oceana Manistee Board of REALTORS®

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

Direction Head W. on US-10/Ludington Ave. Continue to follow Ludington. Turn right onto Lakeshore Dr. Will be on the right.

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Frame,Other,Wood

Schools

School District Ludington

Others

Tax ID 05117000410

Acceptable Financing Cash, Conventional

Rebuilt Year 2018

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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Listed by Jim Shaffer of Good Company Realty

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Jonathan Francisco

+1(586) 200-9926

Agent | License ID: 6501411910

Agent License ID: 6501411910

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612 N Lakeshore Drive Ludington, MI 49431

Jonathan Francisco

Key Details

Location

Interior

Exterior

Building

Schools

Others

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612 N Lakeshore Drive