414 E Ludington Avenue, Ludington, MI 49431 (MLS# 26047302)

414 E Ludington Avenue, Ludington, MI 49431

New Listing

$650,000

Property Type: Commercial Sale Baths: 5 Square Footage: 2,198 Lot Size (sq. ft.): 8,400 Status: Active

Current Price: $650,000 List Date: 9/04/2026 Last Modified: 9/04/2026

Overview

Description

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!

Listing Details MLS# 26047302

Location Property Info

County: Mason
Street #: 414
Street Direction: E
Street Name: Ludington
Suffix: Avenue
State: MI
Zip Code: 49431
Zip (4): 2123

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.19
Lot Square Footage: 8400
Lot Dimensions: 60 x 140
Year Built: 1954
Road Frontage: 60
Total # Units: 3
# Fin Bldg Lvls: 2198
Total # Bldgs: Yes
Total SqFt: 2198
Property Use Type: Business
Full Baths: 5
Total Baths: 5
Waterfront: No
School District: Ludington

Tax Info

Tax ID #: 051-222-001-00
Taxable Value: 120600
SEV: 131800
For Tax Year: 2025
Seller's Annual Property Tax: 7000
Tax Year: 2026
Spec Assessment & Type: None
Non-Conforming Use: No
Homestead %: 0

Remarks Misc

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

Additional Details

Total Parking Spaces: 8

More Information

Waterfront Options

Water Access Y/N: No

Location & Property Info

Cross Streets: LUDINGTON AVE AND S LAVANIA
Property Sub-Type: Retail
Municipality: Ludington
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 295.72
Prop Avail for Lease?: No
Current Bldg Use: Furnished Rental

Remarks & Misc

Public Remarks: 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!
Legal: RESSEGUIE'S ADDITION LOT 1 BLOCK 2

Street Type

Paved: Yes
Public: Yes

Property Use

Business: Yes
Investment: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Other: Yes

Construction Type

Block: Yes
Frame/Wood: Yes

Exterior Material

Brick: Yes

Roofing

Composition: Yes
Other: Yes

Heat Source

Electric: Yes

Sale Conditions

None: Yes

Ownership

LLC: Yes

Below Grade

None: Yes

Heat Type

Baseboard: Yes
Forced Air: Yes

Air Conditioning

Wall Unit(s): Yes

Business Includes

Furniture: Yes
Real Estate: Yes

Foundation

Block: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes

Driveway

Asphalt: Yes
Paved: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Property Features

Property Use: Business; Investment Uses: Other Ownership: LLC Business Includes: Furniture; Real Estate Construction Type: Block; Frame/Wood Exterior Material: Brick Roofing: Composition; Other Foundation: Block Below Grade: None Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available Heat Source: Electric Heat Type: Baseboard; Forced Air Air Conditioning: Wall Unit(s) Driveway: Asphalt; Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Close Of Escrow

Listing Office: LIGHTHOUSE REALTY-Ludington

Listing Agent: Chad Enbody

Last Updated: September - 04 - 2026

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