Ludington retail

Retail-Commercial for Sale
Catylist Listing ID: 30662729
Property Subtypes: Street Retail
Building Size (RSF): 18,000 SF
Gross Building Area: See Agent
Sale Price: $2,700,000
Unit Price: $150 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/26/2021

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Ludington
County: Mason
Tax ID/APN: 53-001-018-086-00
Property Visibility: Excellent
Feet of Frontage: 350
Traffic/Vehicle Count: 20,000
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Ceiling Units
Internet Access: Cable
Lot Frontage: See survey
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SPLIT ON 11/19/2007 FROM 001-018-086-00 NEW 2008 PART OF SW 1/4 DESC AS COMM AT W 1/4 COR OF SEC 18, TH S 00 DEG 45'50"W ON W SEC LINE 62.06 FT, TH N 88 DEG 03'31"E ALG S'LY R/W OF US 31, 240 FT TO POB, TH N 88 DEG 03'31"E 400 FT, TH S 03 DEG 12'55"E 506.21 FT, TH S 88 DEG 03'31"W 50.31 FT, TH N 01 DEG 56'29"W 45 FT TH S 88 DEG 03'31"W 79.55 FT TH S 01 DEG 56'29"E 11.47 FT TH S 88 DEG 03'31"W 87.05 FT TH N 01DEG 56'29"W 179.94 FT TH N 30 DEG 38'33"W 45.60 FT TH N 28 DEG 25'18"W 21.60 FT TH N 61 DEG 34'42"E 4.41 FT TH N 27 DEG 19'10"W 25.52 FT TH N 01 DEG 56'29"W 154.54 FT TO CURVE TO THE LEFT TH ALG SD CURVE 12.57 FT WHOSE RADIUS IS 8 FT AND WHOSE CENTRAL ANGLE IS 90 DEG TH S 88 DEG 03'31"W 109.78 FT TO A CURVE TO LEFT TH ALG SD CURVE 36.13 FT WHOSE RADIUS IS 23 FT AND WHOSE CENTRAL ANGLE IS 90 DEG TH S 89 DEG 03'31"W 18.26 FT TH N 0 DEG 45'50"E 67.79 FT TO POB SEC 18 T18N R17W 2.71 A M/L

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,986 17,444
Median Age: 43.05 44.55
Households: 4,729 7,357

Contact

Photograph of Listing Agent

Chris Hendrix

Coldwell Banker Commercial Premier
CPIX Member
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