Home for sale in Ludington - 903 West Ludington Ave, Ludington, MI 49431
$2,700,000 - Commercial Sale, Bedroom(s) - Ludington home for sale. Helping you find Ludington real estate property. Listings for Ludington MI homes for sale.
903 West Ludington Ave Ludington, MI 49431
Price: $2,700,000
MLS#: 11006851
Status: active
Class: Commercial Sale
Square Feet: 20,000
Year Built: 1954
Area: Ludington
County: Mason
Remarks
Snyder's Shoreline Inn- Ludington, overlooks Lake MI at the west end of Ludington Ave. Panoramic views of the harbor and a historic lighthouse are shared by 36 lakefront rooms. Across from Snyder's is a half mile of beach. The 2 story main building contains the office, breakfast room and a 2 BR keepers' penthouse and 30 rooms. The 2 story, South Wing building, has 14 guestrooms. This 44 room inn also features a pool& spa. Rooms are indiv. decorated and have a phone, guest controlled heat & air, private bath, wireless internet access and cable television. A complimentary B&B style continental breakfast is provided in the breakfast room. With a minimum of a $250K down payment, the Snyders are offering a qualified buyer a 7%, $700K interest-only second mortgage with a 5 year balloon. Offered at $2.7 Million. Don't miss this unique opportunity to invest in a very desirable Lake Michigan waterfront location while only having to be open from Mid-May until Mid-October!#NW111.Property Features
Business Description: Motel/Inn
Business Includes: Real Estate,Furniture,Equipment
Business Name: Snyder's Shoreline Inn
Current Building Use: motel & inn
Air Conditioning: Wall Unit
Heat Type: Baseboard, Heat Pump, Hot Water
Road Frontage: 900
Total Buildings: 2
Water: Public
Property Info
Finished bldg levels: 2
Driveway: Paved
Lot Square Footage: 43560
Roofing: Comp Shingle
Sewer: Public
Waterfront: No
Lot Dimensions: 150 x 300
Lot Measurement: Acres
Total Parking Spaces: 46
Total Units: 44
Fincial/Cost
Exterior Features
Exterior Material: Vinyl
Uses: Recreation
Util Avl At Street: Broadband, Cable, Electric, Natural Gas, Public Sewer, Public Water, Storm Sewer, Telephone
Utilities Attached: Cable, Electric, Natural Gas, Telephone Line
Additional Features
Below Grade: None
Lease Type: Net
Prop Avail For Lease: No
Property Disclaimer: All information deemed materially reliable but not
Region: Mason Oceana Maniste
Reserved Prospect: No
This listing courtesy of Robert Fuehr From The Inn Broker, Inc. 269-649-5556
The content relating to real estate for sale on this web site comes in part from the IDX program of the Southwestern Michigan MLS. Listing content is copyright © 2012 Southwestern Michigan MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact Keller Williams Of Gr East directly for additional information pertaining to the status and availability of properties displayed on this website. Data last updated Saturday, 2012-05-24.
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