612 Lakeshore Cir Ludington, MI 49431
- Investment properties
- 18,928 SF
- 2.52 lot acres
Current Use by Public Records
- Investment properties
Property Details for 612 Lakeshore Cir
- Year built
- 1890
- Lot size
- 2.52 lot acres
- Property size
- 18,928 SF
- Property type
- Investment properties
Description
This exceptional investment opportunity presents a 39-unit motel ideally situated in Ludington, Michigan. Boasting a prime location just one block from Stearns Park beach on the shores of Lake Michigan, this property offers unparalleled access to the area's natural beauty and recreational activities. The motel sits on a generous 2.52-acre lot, providing ample space for guests and featuring beautifully maintained open green spaces. The property includes a refreshing saltwater pool, perfect for guests seeking relaxation and enjoyment. With 18,928 square feet of building space, the motel offers significant potential for revenue generation. The convenient location and desirable amenities, combined with the substantial size of the property, make this a truly remarkable investment opportunity in a thriving waterfront community. The ample parking ensures easy access for guests to their rooms. This turnkey operation is ready for a new owner to capitalize on its established success and strong potential for future growth within the vibrant Ludington tourism market. The property's proximity to the beach and other local attractions guarantees a steady stream of visitors throughout the year. This is a rare chance to acquire a well-established and highly profitable motel in a sought-after location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ludington
- County
- Mason
- State
- Michigan
- Longitude
- -86.4587
- Latitude
- 43.964
