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Richard Stewart

richard@2693457000.com +1(269) 217-0411

$ 1,499,000

Est. payment | -/mo

5 Baths

11,172 SqFt

Save

$ 1,499,000

Est. payment | -/mo

Save

5 Baths

11,172 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 11,172 sqft

Price per Sqft $134

Municipality Ludington

MLS Listing ID 26045921

Full Baths 5

Year Built 1940

Annual Tax Amount $6,236

Tax Year 2020

Lot Size 5,663 Sqft

Acres 0.21

Lot Dimensions 91 x 140

Property Sub-Type Business

Source Michigan Regional Information Center (MichRIC)

Property Description

Owned and operated by the same family for over 70 years, this home town favorite is looking for the next community minded owner. A center piece of Ludington has been highly successful through serving great food, excellent service, and community involvement. 3 separate bar areas, 3 different atmospheres. The main restaurant offers family dinning and an old world pub feel. The second bar area features live music and Michigan only made drinks, beers, and spirits. The third bar area features a fun, relaxing atmosphere with arcade games. There is a bier garden off the 3 bar area that is popular with customers. The upstairs above the main bar is not currently being used and offers room for expansion. This turn key business. Come be a continued part of Ludington's history.

Location

State MI

County Mason

Direction US 10/Ludington Ave west to downtown Ludington.

Interior

Heating Forced Air

Cooling Central Air

Inclusions Real Estate, Licenses, Furniture, Equipment

Exterior

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

View Y/N No

Roof Type Rubber

Street Surface Paved

Building

Building Description Brick, Barrier Free,Bath Common Area,Multi User Facility

Foundation Block

Structure Type Brick

New Construction No

Schools

School District Ludington

Others

Tax ID 051-225-133-00

Ownership Trust, Corporation

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by LIGHTHOUSE REALTY-Ludington

NEARBY SCHOOLS & PROPERTIES

"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.

111 & 107 W Ludington Avenue Ludington, MI 49431