612 N Lakeshore Drive, Ludington, MI 49431 (MLS# 25025027)
612 N Lakeshore Drive, Ludington, MI 49431
$4,900,000
Property Type:
Commercial Sale
Square Footage:
18,928
Lot Size (sq. ft.):
109,823
Status:
Active
Current Price:
$4,900,000
List Date:
5/29/2025
Last Modified:
5/29/2025
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.
Supplements: 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!
More Information MLS# 25025027
Location Property Info
County: Mason
Street #: 612
Street Direction: N
Street Name: Lakeshore
Suffix: Drive
State: MI
Zip Code: 49431
Zip (4): 1328
Area: MasonOceanaManistee - O
OfficeContract Info
Status: Active
Current Price: $4,900,000
List Price: $4,900,000
Listing Date: 2025-05-09
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 2.52
Lot Square Footage: 109823
Lot Dimensions: 454.41x191.5
Year Built: 1890
Road Frontage: 454
Year Remodeled: 2018
Total # Units: 39
# Fin Bldg Lvls: 2
Total # Bldgs: 6
Total SqFt: 18928
Full Baths: 43
Waterfront: No
School District: Ludington
Tax Info
Tax ID #: 051-170-004-10
Taxable Value: 722713
SEV: 834500
For Tax Year: 2024
Tax Year: 2025
Spec Assessment & Type: None
Remarks Misc
Directions: Head W. on US-10/Ludington Ave. Continue to follow Ludington. Turn right onto Lakeshore Dr. Will be on the right.
Business Opportunity
Business Name: Nader's Motel
Property Features
Property Use: Business
Uses: Other
Ownership: LLC
Business Includes: Other
Construction Type: Frame/Wood; Other
Exterior Material: Wood Siding; Other
Foundation: Block
Below Grade: Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at St: Natural Gas Available
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Negotiable
Listing Office: Good Company Realty
Listing Agent: Jim Shaffer
Last Updated: May - 29 - 2025
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