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    309 S James St Ludington, MI 49431

    For Sale
    $249,000

    SINGLE_FAMILY - Ludington, MI

    Type:Retail
    Property size:
    5,520 SF
    Lot size:
    0.08 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 309 S James St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Basement
    Bathrooms
    1
    APN
    051-543-005-40
    Interior features
    Broadband
    Size
    5,520 SF
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1890
    Number of units
    2
    Roof type
    Rubber

    Coldwell Banker ALM REALTY (231) 723-3555

    Listing agent Michael Cnudde (231) 620-9108

    Listing date Nov 14, 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

    Mixed-Use Property in Ludington, MI

    This mixed-use property is located within a diverse retail corridor, offering a wide array of restaurants, bars, and shopping options within walking distance. The 5,520 square foot building, situated on a 0.08-acre lot, could be developed for many different uses, including residential on the second floor. It also features a full basement with access to the alley behind the building. The property is located close to marinas and the car ferry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Magyars Clothing 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
    -86.44741
    Latitude
    43.953126

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    FAQs

    What type of property is this?
    Storefront property - Mixed-use property near marinas and the car ferry.
    Where is this storefront property located?
    The property is located at 309 S James St Ludington, MI.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Diverse retail corridor with restaurants, bars, and shopping within walking distance.; - Potential for mixed-use development: residential on the second floor.; - Full basement with alley access.
    (231) 620-9108
    Request Owner's contact information
    309 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
    309 S James St Ludington, MI 49431
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