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$ 1,900,000
Est. payment | /mo
4,232 SqFt
$ 1,900,000
Est. payment | /mo
4,232 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,232 sqft
Price per Sqft $448
Subdivision Mi
MLS Listing ID 70485132
Year Built 1924
Annual Tax Amount $11,208
Tax Year 2024
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 120' x 140'
Property Sub-Type Business
Property Description
MOXIE is proud to present Mitten Flats for sale. This boutique hotel is conveniently located 2 block from Lake Michigan and within walking distance to downtown Ludington and features many high end amenities like an outdoor fire pit, hot tub, beach equipment, yard games and many renovated decks and seating areas. Comprised of 6 Airbnb units (1 house and 5 units), the high quality finishes allow a new owner to capitalize on an already stabilized, high-performing boutique hotel in a desirable location within walking distance to the beach. Tons of capital expenditures have been completed, this investment property is turnkey and has proven systems and vendors already in place allowing you to maximize cashflow and bookings immediately.
Location
State MI
County Mason
Area Ludington (53020)
Zoning Commercial
Interior
Heating Forced Air, Hot Water
Exterior
Parking Features 11-20 Spaces
Roof Type Composite,Other-See Remarks
Building
Structure Type Frame,Vinyl Siding,Wood
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by MOXIE Real Estate + Development
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