Ludington, MI 49431,411 S James Street
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$125,000
Est. payment /mo
1 Bath
4,820 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,820 sqft

Price per Sqft $25

Municipality Ludington

MLS Listing ID 25005618

Full Baths 1

Year Built 1910

Annual Tax Amount $1,432

Tax Year 2024

Lot Size 4,820 Sqft

Acres 0.11

Lot Dimensions 46 x 110 Irregular

Property Sub-Type Retail

Property Description

PRIME LOCATION FOR THE DEVELOPMENT OF A COMBINED RESIDENTIAL/COMMERCIAL PROJECT IN DOWNTOWN LUDINGTON- The building is NOT salvageable, but the land it sits on is potentially ideal for the mixed use project of your choice. Funds for the demolition and removal of the building, as well as remediation of the soil beneath it, are available through EGLE(formerly DEQ) and the State of Michigan. Buyers would be responsible for paying upfront for a BEA(baseline environmental assessment) and the presentation of a development plan to qualify for state funding. The City of Ludington, EGLE and EPA are all highly motivated to work with qualified candidates to redevelop this prime location in downtown Ludington. Information regarding brownfield funding available through the link provided in AGENT REMAR

Location

State MI

County Mason

Area Masonoceanamanistee - O

Direction Ludington Ave. to James St. South on James St.

Interior

Heating Hot Water

Inclusions Real Estate

Exterior

Utilities Available Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Broadband

View Y/N No

Roof Type Rubber

Building

Foundation Block

Structure Type Stucco,Vinyl Siding,Brick

New Construction No

Schools

School District Ludington

Others

Tax ID 5305156000560

Ownership LLC

Acceptable Financing Cash

Listing Terms Cash


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Listed by LIGHTHOUSE REALTY-Ludington

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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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