Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 0-bathroom commercial at 509 Lake Street in Ludington, MI is listed for $434,900. on a 1.97 acres lot.

Agent 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.

Key Features

  • 1.97 acre lot
  • Waterfront

Amenities

Waterfront

Monthly Cost Estimate

$2,326/mo

20% down · 6.5% · 30 years

Principal$315
Interest$1,885
Insurance$127

Estimates only. Actual payments may vary.

Location

509 Lake Street

Ludington, MI 49431

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 509 Lake Street is listed at $434,900. The estimated monthly payment is $1,885 based on 20% down at 6.5% interest.

Key features include: 1.97 acre lot, Waterfront.

This property is listed by Mary Jo Pung and can be reached at 2316901587 or mjpung@greenridge.com.

MP

Mary Jo Pung

Agent at Greenridge Realty S Rath

(231) 690-1587

Listed by Greenridge Realty S Rath

MLS# 22003093· Source: listhub· Updated 1529 days ago

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

509 Lake Street, Ludington, MI 49431

Open this listing in: