509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
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Richard Stewart

Richard Stewart

+1(269) 217-0411
$ 434,900
Est. payment | /mo

1.97 Acres Lot

Save
$ 434,900
Est. payment | /mo
Save

1.97 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial Land

Listing Status Active

Purchase Type For Sale

Municipality Ludington

MLS Listing ID 22003093

Annual Tax Amount $2,773

Tax Year 2020

Lot Size 1.970 Acres

Acres 1.97

Lot Dimensions 860x100

Property Sub-Type Commercial Land

Source Michigan Regional Information Center (MichRIC)

Property Description

Fantastic opportunity to own investment property overlooking PM Lake and possibly Lake MI. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Nestled near marinas, fishing boat charters, and the Boat Club, this is a great time to make your entrepreneurial dreams come true. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. There is room to build condos or apartments. The property is in the Opportunity Zone, which could create tax incentives for an investor.

Location

State MI

County Mason

Area Masonoceanamanistee - O

Direction From Washington St, go west just north of the bridge (Lake St -but not well marked) or From Dowland, south on delia to property

Exterior

Utilities Available Natural Gas Available, Electricity Available, Cable Available, None

Waterfront Description Lake

View Y/N No

Present Use Commercial

Building

Lot Description Buildable, Cleared

Schools

School District Ludington

Others

Tax ID 53-051-590-040-01

Acceptable Financing Cash, Conventional, Contract

Listing Terms Cash, Conventional, Contract

Listed by Greenridge Realty S Rath

NEARBY SCHOOLS & PROPERTIES

Richard Stewart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI, 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

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509 Lake Street

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