510 Lake Street, Ludington, MI 49431
510 Lake Street, Ludington, MI 49431
510 Lake Street, Ludington, MI 49431
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$2,200,000
Est. payment /mo
4 Baths
52,000 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 52,000 sqft

Price per Sqft $42

Municipality Ludington

MLS Listing ID 22030991

Full Baths 4

Year Built 1924

Annual Tax Amount $18,958

Tax Year 2025

Lot Size 4.500 Acres

Acres 4.5

Lot Dimensions 502 x 735 Irregular

Property Sub-Type Retail

Source Michigan Regional Information Center (MichRIC)

Property Description

City of Ludington - Development and/or Business opportunity - Approx 4.5+ acres on the shore of Pere Marquette Lake, which is also the Lake Michigan port in the harbor town of Ludington, MI. Approx 735ft of water frontage & 502 ft of road frontage. 35 boat slips in the marina. Looking to create something new for the future? Prime development property for condo community or REHAB the old building and create new living spaces. The 50,000sq ft building has collapsed on the East end and the structure will need to be removed. Don't miss this opportunity to convert a legacy property into your vision for the future.

Location

State MI

County Mason

Area Masonoceanamanistee - O

Direction Head west on US-10/ Ludington Ave. Turn left onto S Washington Ave. Turn right onto Lake St. 510 will be on the left.

Body of Water Pere Marquette Lake

Interior

Heating None

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

Waterfront Description Lake

View Y/N No

Street Surface Paved

Waterfront Description Lake

Building

New Construction No

Schools

School District Ludington

Others

Tax ID 53-051-590-001-00

Acceptable Financing Cash

Listing Terms Cash


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Listed by Greenridge Realty S Rath

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

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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