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    307 S James St Ludington, MI 49431

    For Lease
    $30 SF/Yr ($7,875 /Mo)

    COMMERCIAL - Ludington, MI

    Type:Retail
    Property size:
    3,150 SF
    Lot size:
    0.22 Acres
    Days on Market:
    135
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 307 S James St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Basement
    APN
    051-543-005-20
    Fireplace
    1
    Size
    3,150 SF
    Lot size
    0.22 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Forced Air

    Building Details

    Year built
    1890
    Building materials
    Brick, Stone
    Roof type
    Rubber

    Five Star Real Estate - Hart (231) 721-0200

    Listing agent Kristine Marie Stariha (231) 721-0200

    Listing date Jul 24, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ludington Commercial Space Available

    Located in downtown Ludington, the Michigan Marketplace Building offers commercial space for lease suitable for retail, office, or professional services. The available spaces are bright and clean, featuring fresh paint and new flooring. Lease terms of 6 to 12 months are available. The building provides a shared restroom on the main floor. Public parking is readily accessible in the lot behind the building, as well as along James Street. Unit 10, with approximately 225 square feet, includes a private door, road frontage, and a closet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    West Michigan Menu ... Restaurant Ludington Snow Company Ice Cream Shop The Bonafide Gallery Art Gallery Matthew Smekar Counselor Cosmic Canine Creations Home Goods Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ludington
    County
    Mason
    State
    Michigan
    Longitude
    -86.447426
    Latitude
    43.953218

    Nearby Similar for Lease

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      Ludington Commercial Retail/Office Units

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      Retail Space in Ludington, MI

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    FAQs

    What type of property is this?
    Retail space - Commercial space for lease in downtown Ludington, suitable for retail/office.
    Where is this retail space located?
    The property is located at 307 S James St Ludington, MI.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Ludington location on James Street.; - Suitable for retail, office, or professional services.; - Bright and clean space with new paint and flooring.
    (231) 721-0200
    Request Owner's contact information
    307 S James St Ludington, MI 49431
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    Ludington, MI 49431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    307 S James St Ludington, MI 49431
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