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About This Home

This 0-bedroom, 4-bathroom commercial at 510 Lake Street in Ludington, MI is listed for $2,200,000 ($42 per sqft). Built in 1924, the home offers 52,000 sqft of living space on a 4.50 acres lot.

Agent 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.

Key Features

  • Built in 1924
  • 4.50 acre lot
  • Waterfront

Property Details

1 story
4 full
1924

Amenities

Waterfront

Monthly Cost Estimate

$11,766/mo

20% down · 6.5% · 30 years

Principal$1,591
Interest$9,533
Insurance$642

Estimates only. Actual payments may vary.

Location

510 Lake Street

Ludington, MI 49431

Questions & Answers

This 0-bedroom, 4-bathroom commercial at 510 Lake Street is listed at $2,200,000 ($42/sqft). The estimated monthly payment is $9,533 based on 20% down at 6.5% interest.

Key features include: Built in 1924, 4.50 acre lot, Waterfront.

This property is listed by Debby Stevenson and can be reached at 2315105727 or deb@debstevenson.com.

DS

Debby Stevenson

Agent at Greenridge Realty S Rath

(231) 510-5727

Listed by Greenridge Realty S Rath

MLS# 22030991· Source: listhub· Updated 1358 days ago

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510 Lake Street, Ludington, MI 49431

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