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Restaurant with Three Bar Areas
For Sale
$1,499,000

111107 111 & 107 W Ludington Ave, Ludington, MI 49431

Restaurant property with a bier garden, live-music area, arcade area, and additional upstairs space.

Property Size11,172 SF
Price / SF$134.17
Days on Market48

Property Features for 111107 111 & 107 W Ludington Ave

General Information

Standard status Active
Size 11,172 SF

Additional Details

Business Included Yes
Patio Yes

Building Details

Year Built 1940
Listing Agency: LIGHTHOUSE REALTY-Ludington
Listed By: Random Nelson Messeder · License #6501380117
Source: Katie-k
Added: Sep 12 Changed: Oct 26 Last Checked: Oct 7 at 1:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIGHTHOUSE REALTY-Ludington

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Investment Insights

Based on property information with market context.

Located at 111107 111 & 107 W Ludington Ave in Ludington, Michigan, this 11,172-square-foot restaurant property was built in 1940. The operation includes a main dining area with a pub-style setting, plus three distinct bar areas offering different customer experiences.

The property features a live-music bar serving Michigan-made drinks, beers, and spirits, along with a separate arcade-focused bar. A bier garden extends the customer area outdoors. Space above the main bar is currently unused and provides additional interior area within the building.

Key Highlights

  • 11,172‑square‑foot restaurant property at 111107 111 & 107 W Ludington Ave
  • Built in 1940
  • Three separate bar areas with distinct atmospheres

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Auto Repair Shop Spa & Massage Center Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49431, MI

17,044
Population
9,959
Households
1.7
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
96.1 sq mi
ZIP Area
177
Density / Sq Mi
$63,313
Median Household Income
$36,924
Median Earnings
$850
Median Rent
$218,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with a bier garden, live-music area, arcade area, and additional upstairs space.
Where is this conventional restaurant located?
The property is located at 111107 111 & 107 W Ludington Ave Ludington, MI.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 11,172‑square‑foot restaurant property at 111107 111 & 107 W Ludington Ave; Built in 1940; Three separate bar areas with distinct atmospheres
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