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Retail Building With Office Space
For Sale
$375,000

117 N Jebavy Drive, Ludington, MI 49431

Commercial Sale, Ludington, MI

Property Size3,151 SF
Lot Size1.04 Acres
Price / SF$119.01
Days on Market55

Property Features for 117 N Jebavy Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial C-1
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2
Parking 10
Elementary school district Ludington
Middle school district Ludington
High school district Ludington
Directions From US-10: N on Jebavy. Property on W side of road accessible via private drive just after State Farm Ins & before Interstate Glass.
Standard status Active
APN 010-014-200-036-00
Size 3,151 SF
Lot size 1.04 Acres

Taxes and HOA fees

Tax Year 2018
Tax Description See Attached Document
Tax Annual Amount 3369
Legal Description See Attached Document

Utilities

Heating system Forced Air
Cooling system Wall Unit(s)

Amenities

multiple private offices
spacious work areas
1.5 bathrooms
dedicated break room

Building Details

Year built 1890
Number of units 1
Building materials Aluminum Siding, Brick
Roof type Composition
Listing Agency: Five Star RE Ludington
Listed By: Megan Gunia · License #6501440311
Added: Jul 28 Changed: Sep 16 Last Checked: Sep 20 at 4:06AM
MLS# 26039004

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,151-square-foot commercial property occupies 1.04 acres and offers a mix of private offices and larger work areas. The building also includes a dedicated break room, basement space, and 1.5 bathrooms, supporting a range of professional, medical, retail, and service-oriented operations. Construction includes aluminum siding and brick, with forced-air heating, wall-unit cooling, and a composition roof. Built in 1890, the property provides an established commercial setting with adaptable interior space.

Located at 117 N. Jebavy Drive in Ludington, the site is minutes from US-10, US-31, Meijer, downtown Ludington, and the Lake Michigan shoreline. The 1.04-acre parcel includes parking and provides a substantial setting for customer- and employee-oriented business activity.

Key Highlights

  • 3,151‑square‑foot commercial building on 1.04 acres
  • Multiple private offices and spacious work areas
  • Dedicated break room and basement

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.

Lease Details

Yes
Highway access

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial layout includes private offices, work areas, a break room, and on-site parking.
Where is this retail space 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: 3,151‑square‑foot commercial building on 1.04 acres; Multiple private offices and spacious work areas; Dedicated break room and basement
More about this property
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