$2,200,000
Active

510 Lake Street

Ludington, MI 49431
4 baths | 4.50 acres | #22030991
Browse 41 photos
Structure:Retail
Zone:Commercial

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.

  • Property Details
      • Utility FeaturesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electric
      • Sewer InformationPublic Sewer
      • Original List Price$2,400,000
      • School DistrictLudington
      • MLS #22030991
      • MLS #22030991
      • Cost2200000
      • Utility SourcePublic
      • Property SubtypeRetail
      • CountyMason
      • Year Built1924
      • Days on Market (Cumulative)1004
      • Acres4.5
      • Bathrooms4
      • Full Baths4
      • Waterfront1

Location

Workhorse Realty LLCReal Estate Group
OR

Interested in Purchasing 510 Lake Street?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00