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$4,900,000
Est. payment /mo
18,928 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 18,928 sqft
Price per Sqft $258
MLS Listing ID 20250037409
Year Built 1890
Lot Size 2.520 Acres
Acres 2.52
Property Sub-Type BusinessandRealEstate
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 Area53082Ludington
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features ParkingLot
View Y/N No
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Ludington
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Jim Shaffer of Good Company
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