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Jenn Smart

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612 N Lakeshore , Ludington, MI 49431
$4,900,000
Est. Payment: $25,534.58/mo
0 Bed
0 Bath
18928 Sqft
Status: active | Days on site: 347
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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!

Highlights

Listed by Jim Shaffer , 248-834-3030 Good Company , 248-733-5811. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
2.52

Year Built

18

County

Mason

Area

Ludington (53020)

Listing ID

60397015

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:18928
Water:Public Water

Exterior Features

Lot Dimensions:454.41X191.50
Zoning:Commercial,Residential
Principal Interest
$25,535
Taxes
$3,750

Home Price

$4,900,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$980,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$25,534.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $25,534.58 $3,750.27 $0.00 $29,284.85
Yearly $306,414.98 $45,003.21 $0.00 $351,418.19
Total $9,192,449.36 $1,350,096.30 $0.00 $10,542,545.66
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Ludington, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T07:12:09.900Z

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