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$2,400,000
Est. payment /mo
52,000 SqFt
Active
510 Lake Street Ludington, MI 49431-2356
UPDATED:
07/10/2024 08:44 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 52,000 sqft
Price per Sqft $46
Subdivision Mi
MLS Listing ID 70273907
Year Built 1924
Annual Tax Amount $16,426
Tax Year 2021
Lot Size 4.500 Acres
Acres 4.5
Lot Dimensions 502 x 735 Irregular
Property Description
City of Ludington - Development and/or Business opportunity - Approx 4.5+ acres on the shore of Pere Marquette Lake, which is also the Lake Michigan port in the harbor town of Ludington, MI. Approx 735ft of water frontage & 502 ft of road frontage. 35 boat slips in the marina. Looking to create something new for the future? Prime development property for condo community or REHAB the old building and create new living spaces. The 50,000sq ft building has collapsed on the East end and the structure will need to be removed. Don't miss this opportunity to convert a legacy property into your vision for the future.
Location
State MI
County Mason
Area Ludington (53020)
Interior
Heating None
Exterior
Waterfront Yes
Building
Water Public Water, Public Water at Street
Others
Ownership Other/See Remarks
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Greenridge Realty S Rath