509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$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 Under Contract

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

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

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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Name

Phone*

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