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Nader's Motel & Suites 612 N Lakeshore Dr 39 Room Hotel Ludington, MI 49431 $6,756,757 CAD ($173,250 CAD/Room)

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INVESTMENT HIGHLIGHTS

  • Year round motel with strong rental history just steps from Lake Michigan.
  • Outdoor amenities include a heated saltwater outdoor pool, picnic and grilling areas, bike rentals, a fitness center, and a playground area.
  • Amazing 3 bed and 3.5 bath owner's residence with opportunity for rental income.

EXECUTIVE SUMMARY

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!

PROPERTY FACTS

Price $6,756,757 CAD
Price Per Room $173,250 CAD
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.50 AC
Building Size 23,441 SF
No. Rooms 39
No. Stories 2
Year Built/Renovated 1890/2025
Parking Ratio 2.39/1,000 SF
Corridor Exterior
Zoning MU - Intent for "high amounts of flexibility in terms of permitted uses, allowing property owners the ability to determine the best use for their property"

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 19 $263.38 CAD -
Guest Room 20 $223.39 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
051-170-004-10
Land Assessment
$1,582,989 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,582,989 CAD
  • Listing ID: 36187613

  • Date on Market: 2025-06-10

  • Last Updated:

  • Address: 612 N Lakeshore Dr, Ludington, MI 49431

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