Lakefront Development Land
510 Lake Street Ludington, MI 49431
510 Lake Street, Ludington, MI, 49431
$2,200,000
For Sale
$2,200,000
COMMERCIAL - Ludington, MI
Property Size52,000 SF
Lot Size4.50 Acres
Price / SF$42.31
Days on Market1457
Property Features for 510 Lake Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
- Standard status
- Active
- APN
- 53-051-590-001-00
- Size
- 52,000 SF
- Lot size
- 4.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- **Lengthy Legal on file
- Tax Annual Amount
- 18959
Utilities
- Utilities
- Cable Available
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1924
- Floors in Building
- 1
- Number of units
- 1
Listing Agency
Greenridge Realty S Rath
(231) 843-6868
300 S Rath Ave Suite 101, Ludington, MI
Listed by
Debby Stevenson · License #6502347161
(231) 510-5727
Added: Jul 22, 2022 Checked: Jul 17 at 12:06 pm
MLS# 22030991
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Investment Insights
Based on property information with market context.
This lakefront parcel offers development and/or business opportunity on approximately 4.5+ acres along the shore of Pere Marquette Lake. The site includes approximately 735 feet of water frontage and approximately 502 feet of road frontage, along with a marina featuring 35 boat slips. A large building on the property (approximately 50,000 square feet) has collapsed on the east end and will require removal.
The property is located at 510 Lake Street in Ludington, Michigan (Mason County). With both waterfront access and road frontage, the site is positioned for projects that need visibility and convenient arrival for guests, residents, or customers, while also accommodating marina activity on-site.
For buyers and developers, this is a practical option for concept-driven redevelopment where land assembly, water access, and marina operations are part of the plan. The presence of a building that requires removal can allow the site to be reconfigured for a new layout, subject to applicable approvals and permitting. The combination of frontage, acreage, and on-site boat slips supports a range of future uses that can be shaped to the buyer’s objectives.
The property is located at 510 Lake Street in Ludington, Michigan (Mason County). With both waterfront access and road frontage, the site is positioned for projects that need visibility and convenient arrival for guests, residents, or customers, while also accommodating marina activity on-site.
For buyers and developers, this is a practical option for concept-driven redevelopment where land assembly, water access, and marina operations are part of the plan. The presence of a building that requires removal can allow the site to be reconfigured for a new layout, subject to applicable approvals and permitting. The combination of frontage, acreage, and on-site boat slips supports a range of future uses that can be shaped to the buyer’s objectives.
Key Highlights
- Approx. 4.5+ acres on the shore of Pere Marquette Lake in Ludington, MI
- Approx. 735 ft of water frontage and approx. 502 ft of road frontage
- 35 boat slips in the marina
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Thompson Marina
Marina
Katfish Charters
Tour Operator
FISH-n-TALES Charters
Tour Operator
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Over 700 feet of lake and 500 feet of road frontage with marina boat slips and a collapsed building to clear.
Where is this commercial land located?
The property is located at 510 Lake Street Ludington, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Approx. 4.5+ acres on the shore of Pere Marquette Lake in Ludington, MI; Approx. 735 ft of water frontage and approx. 502 ft of road frontage; 35 boat slips in the marina
