Homes for sale - 510 Lake Street, Ludington, MI 49431

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 2,400,000

Est. payment -/mo

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Active

510 Lake Street Ludington, MI 49431

52,000 SqFt

UPDATED:

07/10/2024 09:03 PM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 52,000 sqft

Price per Sqft $46

MLS Listing ID 67022030991

Originating Board Mason Oceana Manistee Board of REALTORS®

Year Built 1924

Annual Tax Amount $16,426

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

Zoning Other

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.

Interior

Heating No Heat

Heat Source Natural Gas

Exterior

Waterfront Description Private Water Frontage,Lake/River Priv

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal), Water at Street

Structure Type Other

Schools

School District Ludington

Others

Tax ID 5305159000100

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Unknown/Data Share Listings

Listed by Debby Stevenson of Greenridge Realty S Rath