Ludington, MI Commercial Real Estate for Sale

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Updated: Aug 28

Three-Bar Conventional Restaurant

111 & 107 W Ludington Avenue, Ludington, MI 49431

$1,499,000

11,172 sqft 0.21 AC lot

11,172‑square‑foot restaurant property on 0.21 acres
Three separate bar areas with distinct atmospheres
Main restaurant, live‑music area, arcade games, and bier garden
Unused upstairs area above the main bar
Brick construction with central air and forced‑air heating

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Updated: Sep 2

Boutique Motel with Courtyard Garden

717 E Ludington Avenue, Ludington, MI 49431

$2,200,000

12,129 sqft 1.16 AC lot

29‑room motel on 1.16 acres
12,129 square feet of property size
Commercial kitchen with liquor license
Landscaped courtyard with koi pond and garden
Approximately one mile from the Lake Michigan Carferry

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Two-Unit Office Property

5177 W US-10, Ludington, MI 49431

$500,000

4,560 sqft 0.77 AC lot

Office configuration includes private work areas, meeting space, kitchen facilities, storage, and three restrooms.

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Restaurant with Three Bar Areas

111107 111 & 107 W Ludington Ave, Ludington, MI 49431

$1,499,000

11,172 sqft

Restaurant property with a bier garden, live-music area, arcade area, and additional upstairs space.

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Retail Building With Office Space

117 N Jebavy Drive, Ludington, MI 49431

$375,000

3,151 sqft 1.04 AC lot

Flexible commercial layout includes private offices, work areas, a break room, and on-site parking.

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Waterfront Marina Property

510 E Lake Street, Ludington, MI 49431

$2,200,000

52,000 sqft 4.50 AC lot

An operating marina with service amenities occupies a waterfront site with channel access to Lake Michigan.

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Medical Office Building with Basement

701 N Washington Avenue, Ludington, MI 49431

$495,000

2,408 sqft 0.37 AC lot

Mixed-use zoning supports medical, professional, retail, and other listed commercial uses.

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Three-Bar Conventional Restaurant

111 & 107 W Ludington Ave, Ludington, MI 49431

$1,499,000

11,172 sqft

Established dining and entertainment property with live music, arcade games, and a bier garden.

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Blu Moon Mixed-Use Property

121 & 125 S James Street, Ludington, MI 49431

$849,000

8,208 sqft 0.11 AC lot

Restaurant, bar, rooftop patio, and three rental apartments create a varied commercial and residential configuration.

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Downtown Mixed-Use Development Land

302 S James Street, Ludington, MI 49431

$450,000

0.22 AC lot

Form-Based Downtown Core zoning supports mixed-use, residential, retail, office, lodging, and short-term rental uses.

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29-Room Motel with Courtyard

717 E Ludington Ave, Ludington, MI 49431

$2,200,000

12,129 sqft

Lodging property with guest amenities, landscaped outdoor areas, and walkable access to downtown Ludington.

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Flex Space with Mezzanine

1009 Conrad Industrial Drive, Ludington, MI 49431

$324,900

3,000 sqft

Versatile commercial unit with tall clearances, dedicated utility features, and room for storage, projects, or small-business use.

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Flex Space with Mezzanine

1009 Conrad Industrial Drive, Ludington, MI 49431

$224,900

2,000 sqft

Under-construction commercial space with vehicle access, work amenities, storage capacity, and a full bathroom.

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Mixed-Use Industrial Campus

Ludington, MI 49431

$1,269,000

20,854 sqft 1.45 AC lot

Multi-building facility offers office, manufacturing, warehouse, and distribution space with IND zoning and connected utilities.

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Self-Storage Facility with Mezzanine

1009 Conrad Industrial Drive, Ludington, MI 49431

$324,900

3,000 sqft

Under-construction facility with enclosed storage, work area, and a full bathroom with shower.

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Flex Space with Mezzanine

1009 Conrad Industrial Drive, Ludington, MI 49431

$324,900

3,000 sqft

Under-construction flex space with a full bathroom, utility sink, LED lighting, and natural gas heat.

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Medical Office with Reception Area

701 N Washington Ave, Ludington, MI 49431

$495,000

2,408 sqft

Mixed-use zoning permits a range of residential, service, office, and retail uses.

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Zoned Downtown Edge Waterfront Land

106.5 W Danaher Street, Ludington, MI 49431

$125,000

0.10 AC lot

0.1-acre waterfront lot zoned Downtown Edge (F-DE) with public water, public sewer, and cable available.

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Office Building with Private Offices

117 N Jebavy Dr, Ludington, MI 49431

$375,000

3,151 sqft

Flexible commercial layout includes multiple offices, work areas, a break room, and 1.5 bathrooms.

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Three-Unit Office Building

215 N Jebavy Drive, Ludington, MI 49431

$350,000

3,980 sqft 0.86 AC lot

Fully leased office property with paved parking and rear space for storage or expansion.

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Three-Unit Rehabilitation Center

215 N Jebavy Dr, Ludington, MI 49431

$350,000

3,980 sqft

Fully leased to one tenant with paved parking and additional rear area for parking, storage, or expansion.

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C-1 Highway Commercial Land

76 N Meyers Road, Ludington, MI 49431

$400,000

3.57 AC lot

Mostly cleared commercial site with highway-oriented zoning, established driveway access, and nearby national retailers.

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Mixed-Use Property with Rooftop Patio

121125 121 & 125 S James St, Ludington, MI 49431

$849,000

8,208 sqft

Restaurant and bar operation combined with three rental apartments, business assets, and a full dry basement.

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Corner Commercial Land Parcel

603 S James Street, Ludington, MI 49431

$195,000

0.19 AC lot

Vacant corner parcel with F-DC zoning and public water and sewer.

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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 65 active listings on our real estate platform. These investment opportunities span a total of 415,775 square feet of properties for sale, with an estimated market value of $34,633,150.

Sale prices for business properties in Ludington, MI start at $49,900, averaging $597,123, 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.

Ludington, MI CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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	$539K

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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