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    Ludington, MI
    Conventional Restaurant

    Ludington, MI Conventional Restaurants for Sale

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    Scottville, MI Pentwater, MI Free Soil, MI Custer, MI Hart, MI Manistee, MI Fountain, MI Mears, MI
    Downtown Restaurant and Rental Property
    Updated: Apr 17
    Downtown Restaurant and Rental Property

    121 & 125 S James Street, Ludington, MI 49431

    $899,000
    8,208 sqft 0.11 AC lot
    Downtown Ludington restaurant and rental property on two parcels: 121 & 125 S. James St
    Roof rubber; brick construction with forced‑air heat and central air
    Restaurant includes multiple service areas plus rooftop patio with wet bar, kitchen space, restrooms, and open‑air/covered seating
    Lower level features roll‑up garage door access to an outdoor patio along James Street for seasonal service or private events
    On‑site income units: 1 two‑bedroom and 2 one‑bedroom rental apartments
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    Motel and Ice Cream Shop
    Updated: Aug 13, 2025
    Motel and Ice Cream Shop

    1882 N Lakeshore Dr, Ludington, MI 49431

    $895,000
    3,480 sqft 1.26 AC lot
    Lakewood Motel includes 9 year‑round updated units with kitchenettes and patios
    Motel units are rented by the day, week, or month, with a few long‑term leases in place
    On‑site parking includes ample space for trailers, boats, and RVs, with both paved and grassy areas
    Bonus living space located above the ice cream shop
    Scoops ice cream shop and luncheonette operates as a seasonal business with a sandwich menu
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    Lakewood Motel and Ice Cream Shop
    Lakewood Motel and Ice Cream Shop

    N 1882 N Lakeshore Dr Unit SourceFi, Ludington, MI 49431

    $895,000
    3,480 sqft

    For sale: nine-unit motel with kitchenettes and patios, plus a seasonal ice cream shop and luncheonette.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Restaurant and Rental Property
    Downtown Restaurant and Rental Property

    121 & 125 S James Street, Ludington, MI 49431

    $899,000

    Turnkey restaurant and bar plus three rental apartments on two parcels in downtown Ludington.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Ludington, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Modern Restaurant Retail Twin Units
    Modern Restaurant Retail Twin Units

    S 126 & 128 S Main Street Unit SourceFi, Scottville, MI 49454

    $179,900
    2,504 sqft

    Two updated adjoining storefront units are set up for restaurant or retail use with front customer rooms and back work/storage areas.

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    Downtown Bakery Retail Space
    Downtown Bakery Retail Space

    560 N Hancock Street #5, Pentwater, MI 49449

    $349,900
    1,300 sqft

    1,300 sq ft bakery space with lake views in downtown Pentwater.

    View details
    Bakery Retail Space with Lake Views
    Bakery Retail Space with Lake Views

    N 560 N Hancock Street Unit SourceFi, Pentwater, MI 49449

    $349,900
    1,395 sqft

    For sale bakery space featuring views of Pentwater Lake.

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    Updated Mixed-Use Retail Units
    Updated Mixed-Use Retail Units

    126 & 128 S Main Street, Scottville, MI 49454

    Contact for pricing
    2,504 sqft

    Two merged retail units offer updated front dining areas, separate back work/storage space, and multiple restrooms.

    View details

    Ludington, MI Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Ludington, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,168 square feet of properties for sale, with an estimated market value of $3,588,000.

    Sale prices for conventional restaurants in Ludington, MI start at $895,000, averaging $897,000, and reaching up to $899,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Bars & Pubs 1

    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 $897K

    Listings Trend

    New vs delisted commercial listings in Mason County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Mason County

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