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414 E Ludington Avenue Ludington, MI $ 650,000
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$ 650,000 Get more info
414 E Ludington Avenue
$ 650,000
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414 E Ludington Avenue

Ludington, MI, 49431
$ 650,000
Bedrooms-- Baths5.0

Monthly Estimate*

$ 4,104

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Commercial Property for sale in Ludington, MI

for $650,000 with 5 full baths. This 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!

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Commercial Active

Price

$ 650,000

Full Bath

5

Property Type

Commercial

Taxes

$ 7,000

Style

Retail

Lot Size

0.19

Year Built

1954

Town/City

Ludington

County/Region

Mason

MLS | Web ID

26047302
Features
General
Heating Baseboard Forced Air
Cooling Wall Unit(s)
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Brick
Year Built 1954
Township Ludington
Property Subtype Retail
Tax Year 2025
Ownership Private Owned
Business Type Other
County Mason
New Construction N
Property Type Commercial Sale
Full Baths 5
Status Active
Directions Head west on Ludington Ave towards downtown Ludington follow to address. Located on the south side of the street.
City Ludington
High School District Ludington
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 8400.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 7000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2026-09-07
Standard Status Active
Tax Assessed Value 120600
Ownership Type LLC
Legal Description RESSEGUIE'S ADDITION LOT 1 BLOCK 2
Senior Community None
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Exterior
Total Parking 8.0
Inclusions Real Estate Furniture
Lot Size Area 0.19
Foundation Details Block
Number of Buildings 1
Spa N
Building Area Total 2198.0
Lot Dimensions 60 x 140
Lot Size Acres 0.19
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2198
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 5
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Internal Only
Street Number 1 414
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* Excluded Features
List By
Lighthouse Realty-Ludington

Broker

chadley6693@gmail.com

Email

Affordability Calculator

$4,688
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$583
Monthly 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
251574 Elementary School
251186 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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 a lot size of 0.19. 414 E Ludington Avenue has 5.0 baths and was built in 1954. The property's zip code is 49431 which is in Ludington, MI

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