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Ludington,MI 49431
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $135
MLS Listing ID 25029686
Full Baths 6
Year Built 1990
Annual Tax Amount $5,912
Tax Year 2025
Lot Size 2.440 Acres
Property Sub-Type Office
Property Description
THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.
Location
State MI
County Mason
Area Masonoceanamanistee - O
Interior
Heating Forced Air
Cooling Central Air
Inclusions Other, Real Estate
Exterior
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Storm Sewer
View Y/N No
Roof Type Composition
Building
Foundation Slab
Structure Type Vinyl Siding,Brick
New Construction No
Schools
School District Ludington
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash