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$2,700,000 - 903 W Ludington Ave, Ludington

-
Bedrooms
-
Baths
20,000
SQ. Feet
1
Acres

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.

Essential Information

  • MLS® #:
    11006851
  • Price:
    $2,700,000
  • Square Footage:
    20,000
  • Acres:
    1.00
  • Year Built:
    1954
  • Type:
    Commercial
  • Sub-Type:
    Business Opportunity
  • Status:
    Active

Community Information

  • Address:
    903 W Ludington Ave
  • Area:
    Ludington
  • Subdivision:
    Ludington
  • City:
    Ludington
  • County:
    Mason
  • State:
    MI
  • Zip Code:
    49431

Amenities

  • Utilities:
    Cable, Electric, Natural Gas, Telephone
  • Parking Spaces:
    46

Interior

  • Heating:
    Baseboard, Heat Pump, Hot Water
  • Cooling:
    Wall Unit

Exterior

  • Exterior:
    Vinyl
  • Roof:
    Comp Shingle

School Information

  • District:
    Ludington

Additional Information

  • Zoning:
    Motel-Resort
Listing Courtesy of Robert Fuehr, The Inn Broker, Inc., 269-649-5556

Copyright 2012 SWMRIC, LLC. All rights reserved. Information Deemed Reliable But Not Guaranteed

Listing information last updated on May 20th, 2012 at 7:55pm.