MI > Ludington
Ludington, MI 49431,509 Lake Street
Ludington, MI 49431,509 Lake Street
Ludington, MI 49431,509 Lake Street
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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619
$434,900
Est. payment /mo
1.97 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Land

Listing Status Active

Purchase Type For Sale

Municipality Ludington

MLS Listing ID 22003093

Annual Tax Amount $2,773

Tax Year 2020

Lot Size 1.970 Acres

Acres 1.97

Lot Dimensions 860x100

Property Sub-Type Commercial Land

Source Michigan Regional Information Center (MichRIC)

Property Description

Fantastic opportunity to own investment property overlooking PM Lake and possibly Lake MI. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Nestled near marinas, fishing boat charters, and the Boat Club, this is a great time to make your entrepreneurial dreams come true. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. There is room to build condos or apartments. The property is in the Opportunity Zone, which could create tax incentives for an investor.

Location

State MI

County Mason

Area Masonoceanamanistee - O

Direction From Washington St, go west just north of the bridge (Lake St -but not well marked) or From Dowland, south on delia to property

Exterior

Utilities Available Natural Gas Available, Electricity Available, Cable Available, None

Waterfront Description Lake

View Y/N No

Present Use Commercial

Waterfront Description Lake

Building

Lot Description Buildable, Cleared

Schools

School District Ludington

Others

Tax ID 53-051-590-040-01

Acceptable Financing Cash, Conventional, Contract

Listing Terms Cash, Conventional, Contract

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Listed by Greenridge Realty S Rath

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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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