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    3776 N Jebavy Dr Ludington, MI 49431

    For Sale
    $149,900

    SINGLE_FAMILY - Ludington, MI

    Type:Retail
    Property size:
    1,600 SF
    Lot size:
    1.31 Acres
    Days on Market:
    271
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 3776 N Jebavy Dr

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    007-024-025-00
    Size
    1,600 SF
    Lot size
    1.31 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Water source
    Well

    Building Details

    Year built
    1949
    Number of units
    7
    Building materials
    Block, Concrete
    Roof type
    Composition

    GREENRIDGE Realty-Ludington (231) 843-6868

    Listing agent Bob Budreau (231) 690-8127

    Listing date Mar 10, 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

    Commercial Venture Opportunity, Ludington, MI

    This property, located in Ludington, MI, presents an opportunity for a commercial venture. Situated on a busy corner lot with high daily traffic, the 1.31-acre site currently houses a 1,600-square-foot building. While currently used as a residence, the property is suitable for conversion into an office space, retail location, or other commercial use. The existing garage provides additional utility. The property requires significant renovations to be brought into optimal condition. Located at 3776 N Jebavy Drive, Ludington, MI 49431, in Mason County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Food Market Grocery Store HVAC Service Electrical Service Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ludington
    County
    Mason
    State
    Michigan
    Longitude
    -86.419785
    Latitude
    44.024569

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    FAQs

    What type of property is this?
    Retail property - Commercial property on a busy corner lot, suitable for various uses.
    Where is this retail property located?
    The property is located at 3776 N Jebavy Dr Ludington, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - High-traffic corner lot ideal for commercial ventures.; - Large property suitable for office, retail, or other commercial use.; - Existing garage usable for various purposes.
    (231) 690-8127
    Request Owner's contact information
    3776 N Jebavy Dr 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
    3776 N Jebavy Dr Ludington, MI 49431
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