Ludington, MI 49431-2356,510 Lake Street
Ludington, MI 49431-2356,510 Lake Street
Ludington, MI 49431-2356,510 Lake Street
Ludington, MI 49431-2356,510 Lake Street
Ludington, MI 49431-2356,510 Lake Street
Ludington, MI 49431-2356,510 Lake Street
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$ 2,400,000
Est. payment | /mo

52,000 SqFt


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$ 2,400,000
Est. payment | /mo
Save

52,000 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 52,000 sqft

Price per Sqft $46

Subdivision Mi

MLS Listing ID 70273907

Year Built 1924

Annual Tax Amount $19,291

Tax Year 2024

Lot Size 4.500 Acres

Acres 4.5

Lot Dimensions 502 x 735 Irregular

Property 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.

Location

State MI

County Mason

Area Ludington (53020)

Interior

Heating None

Building

Water Public Water, Public Water at Street

Others

Ownership Other/See Remarks

Energy Description Natural Gas

Financing Cash

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