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Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 5,100,000

Est. payment -/mo

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612 N Lakeshore Drive Ludington, MI 49431

18,928 SqFt

UPDATED:

06/21/2024 08:32 PM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 18,928 sqft

Price per Sqft $269

MLS Listing ID 67024030694

Originating Board Mason Oceana Manistee Board of REALTORS�

Year Built 1890

Annual Tax Amount $43,019

Lot Size 2.520 Acres

Acres 2.52

Lot Dimensions 454.41x191.50

Property 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 convenientand 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

Location

State MI

County Mason

Area Ludington

Zoning Other

Direction Head west on US-10/Ludington Ave. Continue to follow Ludington Ave. Turn right onto Lakeshore Dr. 612 will be on the right.

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Frame,Other,Wood

Schools

School District Ludington

Others

Tax ID 5305117000410

Ownership Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2018

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

Listed by Greenridge Realty S Rath

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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