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Mixed-Use Property with Private Offices
For Sale
$375,000

117 N Jebavy Drive, Ludington, MI 49431

Configured with private offices, work areas, a break room, and 1.5 bathrooms.

Property Size3,151 SF
Price / SF$119.01
Days on Market47

Property Features for 117 N Jebavy Drive

General Information

Standard status Active
Size 3,151 SF
Property subtype Industrial

Amenities

private offices
spacious work areas
1.5 bathrooms
dedicated break room
3
Composition
180250

Building Details

Year Built 1890
Listing Agency: Five Star RE Ludington
Listed By: Megan Gunia · License #6501440311
Source: Xome
Added: Jul 26 Changed: Sep 9 Last Checked: Sep 9 at 3:47PM

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 Five Star RE Ludington

Investment Insights

Based on property information with market context.

This mixed-use commercial property at 117 N Jebavy Drive includes multiple private offices, generous work areas, a dedicated break room, and 1.5 bathrooms. The site covers over an acre and provides ample parking for the existing improvements, with additional room on the lot for future expansion. The property was built in 1890.

Its commercial setting offers access to US-10 and US-31, with Meijer, Downtown Ludington, and the Lake Michigan shoreline located nearby. The layout and site support a range of professional, medical, retail, or service-based business applications.

Key Highlights

  • Over an acre of commercial land at 117 N Jebavy Drive
  • Multiple private offices and spacious work areas
  • Dedicated break room and 1.5 bathrooms

Property Analytics

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Current Use

Dollars & Sense-Tax & Accounting ... Accounting Firm

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage HVAC Service Real Estate Agency Nail Salon

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

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Configured with private offices, work areas, a break room, and 1.5 bathrooms.
Where is this mixed-use property located?
The property is located at 117 N Jebavy Drive Ludington, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Over an acre of commercial land at 117 N Jebavy Drive; Multiple private offices and spacious work areas; Dedicated break room and 1.5 bathrooms
More about this property
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