612 N Lakeshore Drive $5,100,000

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    612 N Lakeshore Drive Ludington, MI 49431

    • 18,928 sq. ft.
    • 2.52 Acres
    • Commercial
    • MLS# 24030694
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    Views: 39 Days On Site: 150

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    Property Details

    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/

    • General Features
      • Year Built 1890
      • New Construction Y/N false
      • Business Type Other
      • County Or Parish Mason
      • Property Sub Type Business
      • Tax Annual Amount 43019.57
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Building Area Total 18928.0
      • Number Of Units Total 39
      • Heating Forced Air
      • Full Bathrooms 45
      • Bathrooms 45
    • Property Features
      • Lot Size Acres 2.52
      • Lot Size Area 2.52
      • Number Of Buildings 6
      • Water Body Name Lake Michigan
      • Utilities Cable Connected, Broadband
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Ludington

    Neighborhood

    49431 (Ludington) Demographics

    47 Median Age
    140 Population Density (per sq. mile)
    38% College Educated
    $52,578 Estimated Median Income
    5,348 Estimated Total Home Owners
    2,241 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    17,286 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $285,000 Median Sales Price
    33 Homes Sold
    34 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,100,000
        6/17/2024 11:45:00 AM New in Database Source: Multiple Listing Service New Value: $5,100,000

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        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 11/14/2024 6:15:04 PM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.