Ludington, MI Commercial Real Estate for Sale

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Scottville, MI Pentwater, MI Free Soil, MI
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Turnkey Motel and Ice Cream Shop
Updated: Aug 13, 2025
Turnkey Motel and Ice Cream Shop

1882 N Lakeshore Dr, Ludington, MI 49431

$895,000
3,480 sqft · 1.26 AC lot
Lakewood Motel features 9 updated, year‑round units with kitchenettes, patios, and air conditioning.
Motel units are rented by the day, week, or month, with a few long‑term leases in place.
Ample guest parking for trailers, boats, and RVs, with both paved and grassy areas.
Bonus living space above the ice cream shop adds additional income potential.
Property includes “Scoops Treats and Eats” seasonal ice cream shop and luncheonette.
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Turnkey Restaurant and Income Property
Updated: Apr 17
Turnkey Restaurant and Income Property

121 & 125 S James Street, Ludington, MI 49431

$899,000
8,208 sqft · 0.11 AC lot
Turnkey restaurant and real estate investment in downtown Ludington, including the established Blu Moon business, Class C liquor license, and all furniture, fixtures, and equipment.
Prime downtown location with high visibility and multiple income streams from the restaurant and three rental apartments (one 2‑bedroom and two 1‑bedroom).
Unique rooftop patio with wet bar, kitchen space, restrooms, and varied seating, offering additional revenue potential and a distinctive guest experience.
Lower‑level patio access via roll‑up garage door, suitable for seasonal service or private events.
Established business with strong local following, name recognition, and phone number included.
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Buildable Commercial Land Near US-10
Buildable Commercial Land Near US-10

76 N Meyers Road, Ludington, MI 49431

$400,000
3.57 AC lot

3.57-acre commercial site near major retailers and restaurants.

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Spacious Barn-O-Minium Unit For Sale
Spacious Barn-O-Minium Unit For Sale

3750 N U-Own-It Lane, Ludington, MI 49431

$594,000
10,800 sqft · 0.22 AC lot

72' x 150' unit with 18' ceilings and amenities.

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Commercial Building on High-Traffic Road
Commercial Building on High-Traffic Road

215 N Jebavy Drive, Ludington, MI 49431

$350,000
3,980 sqft · 0.86 AC lot

Three-unit commercial building in excellent condition, fully rented by a single tenant.

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Corner Lot Waterfront Development Land
Corner Lot Waterfront Development Land

603 S James Street, Ludington, MI 49431

$195,000
0.19 AC lot

Vacant corner parcel zoned F-DC, positioned near the marina and downtown amenities for flexible development concepts.

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Prime Corner Lot in Ludington
Prime Corner Lot in Ludington

603 S James Street, Ludington, MI 49431

$195,000
0.19 AC lot

Vacant parcel in vibrant waterfront district, near marina and downtown.

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Multi-Purpose Commercial Space in Ludington
Multi-Purpose Commercial Space in Ludington

1009 Conrad Industrial Drive, Ludington, MI 49431

$324,900
3,000 sqft

Versatile 3,000 sq ft space for storage, business, or hobbies.

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Multi-Purpose Commercial Space in Ludington
Multi-Purpose Commercial Space in Ludington

1009 Conrad Industrial Drive, Ludington, MI 49431

$324,900
3,000 sqft

Versatile 3,000 sq ft space for storage, business, or hobbies.

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Multi-Purpose Commercial Space with Mezzanine
Multi-Purpose Commercial Space with Mezzanine

1009 Conrad Industrial Drive, Ludington, MI 49431

$324,900
3,000 sqft

Versatile commercial space for storage, business, or hobbies with mezzanine.

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Multi-Unit Office Business Rentals
Multi-Unit Office Business Rentals

Ludington, MI 49431

$975,000
7,200 sqft · 2.44 AC lot

Three fully leased office rentals in excellent condition with ample paved parking on a 2.44-acre site.

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Multi-Purpose Commercial Space in Ludington
Multi-Purpose Commercial Space in Ludington

1009 Conrad Industrial Drive, Ludington, MI 49431

$224,900
2,000 sqft

Versatile 2000 sq ft commercial space ideal for storage or business.

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Multi-Purpose Commercial Space Available
Multi-Purpose Commercial Space Available

1009 Conrad Industrial Drive, Ludington, MI 49431

$224,900
2,000 sqft

Versatile 2000 sq ft space for storage, business, or hobbies.

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Multi-Purpose Storage and Business Space
Multi-Purpose Storage and Business Space

1009 Conrad Industrial Drive, Ludington, MI 49431

$324,900
3,000 sqft

Versatile 3,000 sq ft space for storage, business, or hobbies.

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Commercial Building on High-Traffic Road
Commercial Building on High-Traffic Road

Ludington, MI 49431

$350,000
3,980 sqft · 0.86 AC lot

3,980 SF commercial building on 0.85A lot, fully rented.

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Ludington Land: Residential & Commercial
Ludington Land: Residential & Commercial

1010 N Rath, Ludington, MI 49431

$920,000
1.45 AC lot

Platted city lots near Lake Michigan with residential/commercial potential.

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Bowling Center and Restaurant
Bowling Center and Restaurant

2253 W US-10, Ludington, MI 49431

$729,000
16,960 sqft · 3.32 AC lot

Purpose-built entertainment and dining space with ample parking and an added pole barn for storage or work areas.

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Ludington Land with Development Potential
Ludington Land with Development Potential

1010 N Rath, Ludington, MI 49431

$920,000
1.45 AC lot

Platted city lots near Lake Michigan with residential/commercial possibilities.

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Pad-Ready Professional Services Land
Pad-Ready Professional Services Land

368 N Jebavy Drive, Ludington, MI 49431

$53,900
0.95 AC lot

Nearly one-acre parcel with utilities at the road and professional-services zoning for client-facing development.

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Ludington Waterfront Development Opportunity
Ludington Waterfront Development Opportunity

W Danaher St, Ludington, MI 49431

$245,000
0.19 AC lot

Prime Ludington building site with flexible mixed-use zoning.

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Storefront Property with Mixed-Use Potential
Storefront Property with Mixed-Use Potential

309 S James Street, Ludington, MI 49431

$185,000
5,520 sqft · 0.08 AC lot

Storefront building in a walkable retail corridor, positioned for restoration and future office or retail uses.

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Pere Marquette Riverfront Recreational Land
Pere Marquette Riverfront Recreational Land

Ludington, MI 49431

$1,000,000
319.03 AC lot

319-acre property with miles of shoreline on Pere Marquette River.

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RV Sites and Boat Slips
RV Sites and Boat Slips

Ludington, MI 49431

$849,900
800 sqft · 1.70 AC lot

Turnkey business opportunity with RV sites and boat slips.

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Ludington Commercial Land For Sale
Ludington Commercial Land For Sale

2655 W US-10, Ludington, MI 49431

$99,000
6.00 AC lot

6+/- acres of commercial land with mixed-use development potential.

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Ludington, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Ludington, MI, showcased through 57 active listings on our real estate platform. These investment opportunities span a total of 345,076 square feet of properties for sale, with an estimated market value of $16,159,900.

Sale prices for business properties in Ludington, MI start at $128,000, averaging $598,514, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 17K
Population Growth (5Y) -2.2%
Median Household Income $63,313
College Educated 41.1%

High-Yield Neighborhoods for Investment

Identify Ludington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49431 $467.4K

Listings Trend

New vs delisted commercial listings in Mason County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Ludington fall within the 10,000 to 25,000 square foot range.

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