$5,100,000
( $269.44Per Sq Foot )
 $27,378 forsale estimated payment Sourced by Back At You

612 N Lakeshore Drive , Ludington, MI 49431

Ludington, MI 49431

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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/

Details

Mls24030694
Listing TypeFor Sale
StyleCommercial
SubtypeResale
StatusActive
Year1890
Days On Site177
Listing Provided ByGreenridge Realty S Rath | Debby Stevenson

Features

Baths 45 Total
Sq Feet18,928
Storys2
Units39
Buildings6
ZoningM-R
Acreage2.52

Market Activity 49431

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center.

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Listings Checked: 1 minute ago
StateMI
CountyMason
CityLudington
Zip Code49431
AreaMasonOceanaManistee O
SubareaO
School DistrictLudington
Listing VS Median (in 49431)
Price:
$5,100,000
low | high
Med:
$294,900
100% of Average
SqFt:
18,928
low | high
Med:
1,564
100% of Average
$ / SqFt:
$269
low | high
Med:
$189
80.020219647961% of Average
On Site:
177
low | high
Med:
53.000000
100% of Average
Sourced by Back At You
Listing Updated: November 21, 2024 at 3:53:47 PM PST