Building in Ludington

Retail-Commercial for Sale
Catylist Listing ID: 30778010
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Restaurant, Other
Building Size (RSF): 7,640 SF
Gross Land Area: 2.87 Acres
Sale Price: $484,000
Unit Price: $63.35 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/9/2022

Overview / Comments

COMMERCIAL/RETAIL OFFICE SPACE IN LUDINGTON! Looking to start a new business in Ludington? Property has special conditional use ~ live in the back half & run your business in the front! Highly desirable location just off of US 10. Easy access to US 31 North/South. OVER 300 ft of road frontage on 2.87 acres. Newly remodeled building with 7,640 sq ft. Attached two stall garage & plenty of space for additional parking & new development. Over 75 parking spaces currently off paved driveway & parking area. Natural Gas & municipal water & sewer. Ludington is a popular destination with many attractions! The Ludington State Park, Stearns Beach, Lake Michigan & Hamlin Lake are all just minutes away from this location. THIS COMMERCIAL/RETAIL BUIDING has endless possibilities!

Additional Details

Nearest MSA: Ludington
County: Mason
Tax ID/APN: 5301001420002601
Retail Clientele: Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Largest Nearby Street: US 10
Feet of Frontage: 300
Highway Access: US 10 and 31
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1964
Year Renovated: 2015
Total Parking Spaces: 75
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: Multiple meeting/entertainment rooms.
Zoning Description: C-1 Retail/ commercial. Can build apartments above garage
Lot Frontage: 307.90
Lot Depth: 406
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SECTION 14, T18N, R18W COMMENCING AT THE NE COR OF SD SEC 14 TH S 00D 14' 15" W ALONG THE EAST SEC LINE, 515.04 FT TO THE POB TH S 00D 14' 15" W ALG THE EAST SEC LN 307.90 FT TH S 89D 30' 20" W 405.03 FT TH N 00D 14' 15" E PARALLEL WITH E SEC LN 310. 46 FT TH N 89D 52' 07" E 405 FT TO THE POB FROM SURVEY DATED 08-07-13 SPLIT 14-200-026-10 & -20 FOR1998 BOUNDARY ADJUSTMENT TO 014-200-022-00 IN 2008. #010-014-200-026-00 SPLIT ON 10/07/2013 INTO 010-014-200-026-01, 010-014-200-026-05; NEW PARCEL FO R 2014 ROLL, #010-014-200-026-01

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,341 10,986 16,194
Median Age: 45.08 43.05 43.92
Households: 1,452 4,729 6,821


Photograph of Listing Agent

Gerald Buck

Five Star Real Estate
CPIX Member
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