Ludington, MI 49431
Ludington, MI 49431
Ludington, MI 49431
Ludington, MI 49431
Ludington, MI 49431
Ludington, MI 49431
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$ 975,000
Est. payment | /mo

6 Baths

7,200 SqFt


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$ 975,000
Est. payment | /mo
Save

6 Baths

7,200 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $135

Municipality Pere Marquette Twp

MLS Listing ID 25029686

Full Baths 6

Year Built 1990

Annual Tax Amount $5,912

Tax Year 2025

Lot Size 2.440 Acres

Acres 2.44

Lot Dimensions 98.3x664.64x210.23x434.2x95.4x33.61x176.43

Property Sub-Type Office

Source Michigan Regional Information Center (MichRIC)

Property Description

THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.

Location

State MI

County Mason

Area Masonoceanamanistee - O

Direction From US-10: N on Jebavy. Property on the left just after Rehab Center & before Vet Clinic.

Interior

Interior Features Broadband

Heating Forced Air

Cooling Central Air

Inclusions Other, Real Estate

Exterior

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

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 49

Building

Foundation Slab

Structure Type Vinyl Siding,Brick

New Construction No

Schools

School District Ludington

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by GREENRIDGE Realty Ludington
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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