MI > Ludington
Ludington, MI 49431
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Ludington, MI 49431
Ludington, MI 49431
Ludington, MI 49431
Ludington, MI 49431
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Karen Austin

Karen Austin

+1(517) 290-4493
$ 975,000
Est. payment /mo
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Ludington, MI 49431

6 Baths

7,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $135

Municipality Pere Marquette Twp

MLS Listing ID 25029686

Full Baths 6

Year Built 1990

Annual Tax Amount $5,912

Tax Year 2025

Lot Size 2.440 Acres

Acres 2.44

Lot Dimensions 98.3x664.64x210.23x434.2x95.4x33.61x176.43

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

Direction From US-10: N on Jebavy. Property on the left just after Rehab Center & before Vet Clinic.

Interior

Interior Features Broadband

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

Street Surface Paved

Total Parking Spaces 49

Building

Foundation Slab

Structure Type Vinyl Siding,Brick

New Construction No

Schools

School District Ludington

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by GREENRIDGE Realty Ludington
agent

Karen Austin

Broker Associate

+1(517) 290-4493

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