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 49431,509 Lake Street
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$ 362,000
Est. payment | /mo

1.97 Acres Lot


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$ 362,000
Est. payment | /mo
Save

1.97 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70245903

Style Vacant Land

Annual Tax Amount $2,773

Tax Year 2020

Lot Size 1.970 Acres

Acres 1.97

Lot Dimensions 860x100

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 Ludington (53020)

Building

Lot Description Cleared

Schools

School District Ludington Area School District

Others

Financing Cash,Conventional,Land Contract

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Greenridge Realty S Rath
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509 Lake Street