Ludington, MI 49431,300 S Rath Avenue
Ludington, MI 49431,300 S Rath Avenue
Ludington, MI 49431,300 S Rath Avenue
10
$500,000
$560,000
10.7%
Est.Price: ?

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9,000 SqFt

300 S Rath Avenue Ludington, MI 49431

Est. payment /mo
SOLD DATE : 02/18/2021

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Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $55

Subdivision Mi

MLS Listing ID 70158703

Sold Date 02/18/21

Year Built 2002

Annual Tax Amount $20,194

Tax Year 2019

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 105 x 97

Property Description

In the heart of Ludington's Waterfront District, this outstanding 2 story office building, built in 2002 affords an excellent opportunity to grow or develop your business in Ludington or invest in commercial real estate. The four suites are being leased for use as Professional and Medical Offices. Building is well appointed, well maintained and situated adjacent to Harbor Front Plaza Condominium, Harbor View Marina, and Waterfront Park. Elevator and stairs to 2nd floor from common lobby; all of the suites have private, rear entrances; one suite has private front entrance as well. Currently fully leased. May be a great opportunity for 1031 exchange.

Location

State MI

County Mason

Area Ludington (53020)

Interior

Heating Forced Air

Exterior

Waterfront No

Roof Type Composite

Building

Water Public Water

Structure Type Frame,Vinyl Siding,Wood

Others

Ownership LLC

Energy Description Natural Gas

Acceptable Financing Other

Listing Terms Other

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Five Star Real Estate - Ludington
Bought with Doorlag Realty Company

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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