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    936 E Ludington Ave Ludington, MI 49431

    Under Contract
    For Sale
    Contact for pricing

    SINGLE_FAMILY - Ludington, MI

    Type:Retail
    Property size:
    11,347 SF
    Lot size:
    1.67 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 936 E Ludington Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    051-292-001-00
    Parking
    56
    Interior features
    Broadband
    Size
    11,347 SF
    Lot size
    1.67 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Radiant
    Cooling system
    Central Air

    Building Details

    Year built
    1998
    Floors in Building
    1
    Number of units
    1
    Building materials
    Block

    GREENRIDGE Realty-Ludington (231) 843-6868

    Listing agent Bob Budreau (231) 690-8127

    Listing date Oct 8, 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 Building in Ludington, Michigan

    This commercial building, with over 11,000 square feet, is located in the city of Ludington, Michigan. Situated on a 1.67-acre multi-use corner lot, the property features high visibility and includes two curb cuts and 56 parking spaces. Constructed and currently configured for a large national pharmacy chain, the building offers a large front entrance, a two-lane drive-thru window, and an overhead loading door in the rear. The open floor plan provides a customizable workspace suitable for various business types. The property is located on E Ludington Avenue. Permitted and Special Land Use Options are available, making it a great investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Drug Store Western Union Money Transfer Service Mark R. Johnson, ... Pharmacy Rite Aid Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ludington
    County
    Mason
    State
    Michigan
    Longitude
    -86.429916
    Latitude
    43.955546

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    FAQs

    What type of property is this?
    Retail property - 11,000+ SF commercial building on a 1.67-acre corner lot.
    Where is this retail property located?
    The property is located at 936 E Ludington Ave Ludington, MI.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - Hi-visibility, multi-use corner lot location in the City of Ludington.; - Large 11,000+ SF commercial building with open floor plan.; - Significant parking: 56 spaces on a 1.67A parcel with two curb cuts.
    (231) 690-8127
    Request Owner's contact information
    936 E Ludington Ave 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
    936 E Ludington Ave Ludington, MI 49431
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