414 E Ludington Avenue, Ludington, MI 49431

About this property

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!

Property details

MLS #

26047302

Status

Active

Property type

Commercial Sale

Sub type

Retail

County

Mason

Township

Ludington

Year built

1954

Lot size

0.19 ac

Waterfront

No

Interior

Heating

Baseboard, Forced Air

Cooling

Wall Unit(s)

Total building area

2,198 sq ft

Exterior

Construction

Brick

Roof

Composition

Foundation

Block

Lot and water

Lot size

8,400 sq ft

Road surface

Paved

Utilities

Water source

Public Water

Utilities

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

Taxes

Annual taxes

$7,000

Tax year

2026

Schools

School district

Ludington

More

New construction

No

Directions

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