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$651,000

472 S Pere Marquette Highway
Ludington, Michigan 49431

Closed / MLS #23012852 / Business / Ludington
Listing information updated 1/9/2024 at 11:42am
Incredible opportunity with this turnkey operating 31 room Seasonal Motel. The 3000sqft, 2 story living quarters has three bedroom two full bath just off the office. There are 28 rooms currently available for rent plus a one bedroom apartment rented weekly. This 28-year family run operation includes everything needed to continue the current business model. The Nova Motel stands upon 4.93 acres with 462' of frontage on PM HWY and an additional 475' of frontage on First St. The area on First St has been a parking area for large trucks and trailers but easily could be developed with its road frontage and size. Included on the parcel are two pole barns measuring 40x24 and 64x32 and an older Cape Cod home in need of rehabilitation. The entire property projects pride at every angle.
Lot Size:
215186
Acreage:
4.94
Built:
1975
Zoning:
Industrial
Tax Amount:
$10,147
Tax Year:
2022
Zip Code:
49431
City:
Ludington
County:
Mason

Listing Office: Essential Real Estate

Listing Office Phone: 231.299.1180

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Ludington, MI

Luddington is located in Mason County, Michigan. It has a population of just over 8,000 residents. Sitting at the head of the Pere Marquette River, the city is in Western Michigan, near the lake. Luddington is a common vacation spot, and is especially good for various outdoor activities....
$305,790
Average Sale Price
78
Average Days On The Market
91%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 472 S Pere Marquette Highway, Ludington, MI 49431
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472 S Pere Marquette Highway, Ludington, MI 49431 is a business which sold for $651,000. This business has been listed on @properties Christie's International Real Estate since April 26th, 2023 and was built in 1975.

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