510 Lake Street Active

Ludington,MI 49431

$ 2400000

- Bed

4 Baths

52000 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 52,000 sqft

Price per Sqft $46

Municipality Ludington

MLS Listing ID 22030991

Full Baths 4

Originating Board Michigan Regional Information Center (MichRIC)

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 Masonoceanamanistee - O

Direction Head west on US-10/ Ludington Ave. Turn left onto S Washington Ave. Turn right onto Lake St. 510 will be on the left.

Body of Water Pere Marquette Lake

Interior

Heating None

Fireplaces Number 5

Inclusions {"Other":true,"Real Estate":true}

Exterior

Utilities Available Phone Available,Water Available,Sewer Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Storm Sewer

Waterfront Yes

Waterfront Description Lake

View Y/N No

Street Surface Paved

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ludington

Others

Tax ID 53-051-590-001-00

Acceptable Financing Cash

Listing Terms Cash

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