414 E Ludington Avenue, Ludington, MI 49431
414 E Ludington Avenue, Ludington, MI 49431
414 E Ludington Avenue, Ludington, MI 49431
414 E Ludington Avenue, Ludington, MI 49431
414 E Ludington Avenue, Ludington, MI 49431
414 E Ludington Avenue, Ludington, MI 49431
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Kory Lambarth

Kory Lambarth

+1(313) 283-2781
$ 650,000
Est. payment | /mo

5 Baths

2,198 SqFt

Save
$ 650,000
Est. payment | /mo
Save

5 Baths

2,198 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,198 sqft

Price per Sqft $295

Municipality Ludington

MLS Listing ID 26047302

Full Baths 5

Year Built 1954

Annual Tax Amount $7,000

Tax Year 2025

Lot Size 8,400 Sqft

Acres 0.19

Lot Dimensions 60 x 140

Property Sub-Type Retail

Source Michigan Regional Information Center (MichRIC)

Property Description

TURNKEY & PROFITABLE LUDINGTON INVESTMENT! Don't miss this rare opportunity on Ludington Avenue, just blocks from downtown and minutes from Lake Michigan! Completely renovated in 2020, the former 8-room Avenue Motel was transformed into three spacious, fully furnished suites—two 2-bedroom/2-bath units and one 1-bedroom/1-bath unit, each with its own full kitchen. Currently operating as successful short- and mid-term rentals, this property has a strong, proven rental history and impressive profitability after expenses. Two newer water heaters, dedicated laundry/utility space and an office add to the turnkey appeal. With a prime location, established income and multiple rental possibilities, this is a ready-to-go investment in one of West Michigan's favorite lakeshore destinations!

Location

State MI

County Mason

Direction Head west on Ludington Ave towards downtown Ludington follow to address. Located on the south side of the street.

Interior

Heating Baseboard, Forced Air

Cooling Wall Unit(s)

Inclusions Real Estate, Furniture

Exterior

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 8

Building

Foundation Block

Structure Type Brick

New Construction No

Schools

School District Ludington

Others

Tax ID 051-222-001-00

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by LIGHTHOUSE REALTY-Ludington

NEARBY SCHOOLS & PROPERTIES

Kory Lambarth

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 283-2781

kory@korvanrealty.com

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414 E Ludington Avenue