612 N Lakeshore Drive Active Save Request In-Person Tour Request Virtual Tour
Ludington,MI 49431
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 18,928 sqft
Price per Sqft $258
MLS Listing ID 25025027
Full Baths 43
Year Built 1890
Annual Tax Amount $45,004
Tax Year 2024
Lot Size 2.521 Acres
Property Sub-Type Business
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! 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 Masonoceanamanistee - O
Interior
Heating Forced Air
Exterior
Utilities Available Natural Gas Available,Natural Gas Connected
View Y/N No
Building
Foundation Block
Structure Type Wood Siding,Other
New Construction No
Schools
School District Ludington
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash