Commercial Space in Ludington
225 W Ludington Avenue Ludington, MI 49431
225 W Ludington Avenue, Ludington, MI, 49431
$4,704/Mo
For Lease
$12 SF/Yr $4,704/Mo (calc)
COMMERCIAL - Ludington, MI
Property Size4,704 SF
Lot Size0.63 Acres
Days on Market1942
Property Features for 225 W Ludington Avenue
General Information
- Property type
- Commercial Lease
- Property subtype
- Retail
- Property condition
- Under Construction
- Parking features
- Driveway
- Fireplace
- 1
- Standard status
- Active
- APN
- 051-105-223-00
- Size
- 4,704 SF
- Lot size
- 0.63 Acres
Taxes and HOA fees
- Tax Year
- 2020
- Tax Description
- ORIGINAL PLAT COM. AT NE COR. OF LOT 1, THENCE W 101 1/2 FT, S 140 FT, E 25.5 FT, N 38 FT, E 76 FT, N 102 FT TO BEGINNING. ALSO THE W 20 FT LOT 2, LOT 3 & E 36 FT OF LOT 4, ALL IN 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
5492 W US 10, Ludington, MI
Listed by
Bob Budreau · License #6502356674
(231) 690-8127
Added: Mar 24, 2021 Checked: Jul 17 at 5:06 am
MLS# 21009549
Listing URL
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Investment Insights
Based on property information with market context.
Three separate commercial, retail, and office units are newly available for rent within the Ludington Downtown Development Authority (DDA). The units are currently unfinished but will be delivered with a "white box" finish, including drywall, ceilings, electrical, heating, and fire suppression systems installed, as well as an allowance for flooring. Tenants will be responsible for customizing the unit to their specific needs. A five-year lease is available with an option for a five-year extension. A security deposit equal to one month's rent is required upon signing the lease. The lease terms may be adjusted for extensive upgrades with a long-term lease. The property is situated on a 0.63-acre lot. Each unit requires tenants to pay their utilities individually. There are no additional Common Area Maintenance (CAM) fees. Rent will increase by 3% per year. The property encompasses 4,704 square feet and is located in Ludington, Michigan.
Key Highlights
- Three separate commercial units available in Ludington DDA.
- 5‑year lease with 5‑year extension available.
- Owner provides 'white box' finish (drywall, ceilings, electrical, heating, fire suppression, flooring allowance).
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dimitridon Studios Rock ...
(Bike/Boat/Book/etc) Store
Everest Athleisure
Clothing Store
Wave Nutrition Ludington
Cafe & Coffee Shop
Similar For Rent Nearby
FAQs
What type of property is this?
Retail space - Three commercial/retail/office units available in Ludington's DDA.
Where is this retail space located?
The property is located at 225 W Ludington Avenue 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 commercial units available in Ludington DDA.; 5‑year lease with 5‑year extension available.; Owner provides 'white box' finish (drywall, ceilings, electrical, heating, fire suppression, flooring allowance).
