414 E Ludington Avenue Ludington, MI ^$ 650,000

414 E Ludington Avenue

^$ 650,000

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Recently Listed

414 E Ludington Avenue

Ludington, MI, 49431

^$ 650,000

Bedrooms-- Baths-- Sq 2,198

Monthly Estimate*

^$ 4,104

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Commercial Property for sale in Ludington, MI

for $650,000. This 2,198 square foot building was built in 1954 on a lot size of 0.19.

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!

Commercial Active

Price

^$ 650,000

Property Type

Commercial

Taxes

^$ 7,000

Style

Commercial/Industrial

Lot Size

0.19

Year Built

1954

Town/City

Ludington

County/Region

Mason

MLS | Web ID

70556957

Features

General

Heating Baseboard Forced Air

Roof Composite Other-See Remarks

Status Active Active

Year Built 1954

Parking 6-10 Spaces

County Mason

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership LLC

Municipality Ludington

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Furniture

Area Ludington (53020)

Primary City Ludington

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

City Ludington

Financial Terms Cash Conventional

Legal Description RESSEGUIE'S ADDITION LOT 1 BLOCK 2

DOM 2

Postal Code 49431

Price Per Sq Ft Total AG 295.72

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

Exterior

Exterior Block Brick Frame Wood

Frontage 60

Lot Size Area 0.19

Lot Dimensions 60 x 140

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Electric

* Excluded Features

List By

Chad Enbody

Listing Agent

Lighthouse Realty-Ludington

Broker

chadley6693@gmail.com

Affordability Calculator

$4,688

Per Month

Monthly Principal & Interest: $4,104
Monthly Property Taxes: $583
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ludington, MI

Average List Price ^$719,079

Percent of Sale Price 11%

About Ludington, MI

8,282 Population

0% Since 2002

^$36,498 Median Income

41.21 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/4/2026	$650,000		Listed Price

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414 E Ludington Avenue, Ludington, MI, 49431 is a Commercial Property for sale at $650,000 with 2,198 sqft and a lot size of 0.19. 414 E Ludington Avenue was built in 1954. The property's zip code is 49431 which is in Ludington, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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414 E Ludington Avenue

Commercial Property for sale in Ludington, MI

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