Three-Unit Retail
For Lease
$12 SF/Yr
200 W Loomis Street, Ludington, MI 49431
COMMERCIAL - Ludington, MI
Space SizeContact for details
Lot Size0.58 Acres
Days on Market1990
Property Features for 200 W Loomis Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Property condition
Under Construction
Zoning description
CBD
Parking features
Driveway
Fireplace
1
Elementary school district
Ludington
Middle school district
Ludington
High school district
Ludington
Directions
From US-10/31 intersection: W on US-10 into Ludington. N on Rath. Building on SW corner of Rath & Loomis. Parking available street or in lot at west end of complex on Robert.
Subdivision
MasonOceanaManistee - O
Standard status
Active
APN
051-105-232-00
Size
4,704 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Year
2020
Tax Description
ORIGINAL PLAT LOTS 8, 9, & 10, BLOCK 46.
Legal Description
ORIGINAL PLAT LOTS 8, 9, & 10, BLOCK 46.
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2018
Building materials
Brick
Listing Agency:
GREENRIDGE Realty Ludington
(231) 843-6868
Listed By:
Bob Budreau · License #6502356674
(231) 690-8127
Added: Mar 24, 2021
Changed: Aug 4
Last Checked: Sep 3 at 11:06AM
MLS# 21009545
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Investment Insights
Based on property information with market context.
This retail property provides three separate commercial units totaling 4,704 square feet within a 0.58-acre site. The spaces are currently unfinished, allowing occupants to shape the interiors around their operations. The owner will deliver foundational improvements including drywall, ceilings, electrical service, heating, fire suppression, and a flooring allowance, while tenants handle additional customization and any extensive upgrades.
Located at 200 W Loomis Street in Ludington’s DDA, the building features brick construction, forced-air heating, central air, driveway parking, and cable availability. Lease terms include an initial five-year period with a five-year extension option. Each occupant is responsible for its own utilities, and the lease structure includes no additional CAM charges.
Located at 200 W Loomis Street in Ludington’s DDA, the building features brick construction, forced-air heating, central air, driveway parking, and cable availability. Lease terms include an initial five-year period with a five-year extension option. Each occupant is responsible for its own utilities, and the lease structure includes no additional CAM charges.
Key Highlights
- Three separate retail or commercial units totaling 4,704 square feet
- 0.58‑acre site at 200 W Loomis Street in Ludington’s DDA
- Owner‑provided base buildout includes drywall, ceilings, electrical, heating, and fire suppression
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Explore this area
Business Placement
Demographics for 49431, MI
17,044
Population
9,959
Households
1.7
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
96.1 sq mi
ZIP Area
177
Density / Sq Mi
$63,313
Median Household Income
$36,924
Median Earnings
$850
Median Rent
$218,600
Median Home Value
Market
Lease Benchmarks for Ludington, MI
$10.24 /SF/Yr
Avg Asking Price
$7.95–$12 /SF/Yr
Price Range
24,331 SF
Avg Space Size
This space is priced 17% above the average of $10.24 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial units offered with owner-installed base improvements and tenant-controlled interior customization.
Where is this retail space located?
The property is located at 200 W Loomis Street Ludington, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Three separate retail or commercial units totaling 4,704 square feet; 0.58‑acre site at 200 W Loomis Street in Ludington’s DDA; Owner‑provided base buildout includes drywall, ceilings, electrical, heating, and fire suppression
