Ludington, MI 49431,612 N Lakeshore Drive
Ludington, MI 49431,612 N Lakeshore Drive
Ludington, MI 49431,612 N Lakeshore Drive
Ludington, MI 49431,612 N Lakeshore Drive
Ludington, MI 49431,612 N Lakeshore Drive
Ludington, MI 49431,612 N Lakeshore Drive
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$ 5,100,000
Est. payment | /mo

45 Baths

18,928 SqFt


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$ 5,100,000
Est. payment | /mo
Save

45 Baths

18,928 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 18,928 sqft

Price per Sqft $269

Municipality Ludington

MLS Listing ID 24030694

Full Baths 45

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1890

Annual Tax Amount $43,019

Tax Year 2024

Lot Size 2.517 Acres

Acres 2.52

Lot Dimensions 454.41x191.50

Property Description

Welcome to your dream investment opportunity in the waterfront city of Ludington, Michigan! Presenting a magnificent 39-unit motel, situated on over 2.5 acres, that exudes charm, comfort, and endless possibilities. Located just one block away from the Stearns Park beach, on the sugar sand shore of Lake Michigan, this gem offers the perfect blend of convenience, relaxation, and natural beauty.

Step onto the property and be greeted by open green spaces, meticulously maintained for guests' enjoyment. The saltwater pool provides a refreshing oasis for guests to unwind and soak up the sun. Whether it's a delightful morning swim or a leisurely afternoon by the poolside, this amenity is sure to delight.

With plenty of parking available, guests can easily park by their room for convenient and easy access. You will enjoy exploring the amenities of Ludington and its surrounding areas. Miles of Lake Michigan shoreline leading out to the Ludington State Park invite visitors to indulge in long walks along the shore, beach picnics, and breathtaking sunsets.

And the allure doesn't end there. This extraordinary property also boasts a phenomenal owner's residence that is nothing short of exceptional. Enjoy three bedrooms, and 3 full baths, plus 1/2 bath and steam shower room, theater room, stunning kitchen, dining room, personal office, main floor laundry, spacious mud room, 2 car oversized attached garage and private patio area. The upper level features a spacious master suite with full bath, slipper tub, walk-in closet with private laundry. This spacious residence offers the perfect blend of casual comfort and sophistication, every aspect of this home has been meticulously designed for optimal convenience and luxury.

Don't miss this incredible opportunity to own a thriving motel in Ludington, Michigan. With its prime location, exceptional amenities, and a remarkable owner's home, this property is an investment that promises both financial success and a fulfilling lifestyle. Seize the chance to be part of Ludington's vibrant community and create lasting memories for guests from all walks of life. For additional information and photos please visit the website at https://www.nadersmotel.com/

Location

State MI

County Mason

Area Masonoceanamanistee - O

Direction Head west on US-10/Ludington Ave. Continue to follow Ludington Ave. Turn right onto Lakeshore Dr. 612 will be on the right.

Body of Water Lake Michigan

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 6

Inclusions {"Real Estate":true, "Furniture":true, "Equipment":true}

Exterior

Utilities Available Phone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Broadband

View Y/N No

Street Surface Paved

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ludington

Others

Tax ID 53-051-170-004-10

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Greenridge Realty S Rath
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612 N Lakeshore Drive