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$ 4,900,000
Est. payment | /mo
18,928 SqFt
$ 4,900,000
Est. payment | /mo
18,928 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 18,928 sqft
Price per Sqft $258
Subdivision Mi
MLS Listing ID 60397015
Annual Tax Amount $45,003
Lot Size 2.520 Acres
Acres 2.52
Lot Dimensions 454.41X191.50
Property Sub-Type Commercial/Industrial
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 (53020)
Zoning Commercial,Residential
Interior
Heating Forced Air
Building
Foundation Basement
Water Public Water
Structure Type Other,Wood
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Good Company
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