Downtown Clothing and Gift
For Sale
$209,900
1206 Ludington Street, Escanaba, MI 49829
COMMERCIAL - Escanaba, MI
Property Size5,125 SF
Lot Size0.08 Acres
Price / SF$40.96
Days on Market275
Property Features for 1206 Ludington Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Subdivision
Escanaba (21010)
Standard status
Active
Size
5,125 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
2463
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1900
Listing Agency:
COLDWELL BANKER SCHMIDT ESCANABA
(906) 786-5972
Listed By:
AMY DYER · License #UPAR
(906) 553-2162
Added: Oct 30, 2025
Changed: Jul 11
Last Checked: Jul 31 at 9:06PM
MLS# 50193011
Copyright © 2026 Upper Peninsula 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.
Investment Insights
Based on property information with market context.
This well-established casual and special occasion clothing and gift boutique features a spacious main storefront area measuring 48 x 21, with eight fitting rooms, a mirrored viewing area, and a 10 x 13 office. The interior includes terazzo flooring and a high tin-type ceiling. A 9 x 17 back storefront offers its own entrance and provides access to back parking and the city’s parking lot, which could serve as a rental/income-producing space for another business.
The main floor and facade were renovated in 2017, and a new forced air furnace and air conditioner were installed at that time. A new roof was completed in 2020 for the original front portion; the back section roof year is unknown. The basement provides substantial storage.
The upper floor is described as having potential for apartments, including an uppermost small apartment above the main second floor. Additional renovation-related grants may be available, and buyers are advised to confirm eligibility. Property is zoned commercial.
The main floor and facade were renovated in 2017, and a new forced air furnace and air conditioner were installed at that time. A new roof was completed in 2020 for the original front portion; the back section roof year is unknown. The basement provides substantial storage.
The upper floor is described as having potential for apartments, including an uppermost small apartment above the main second floor. Additional renovation-related grants may be available, and buyers are advised to confirm eligibility. Property is zoned commercial.
Key Highlights
- High‑traffic downtown location in Escanaba's commercial district.
- Income‑producing potential with a separate back storefront space.
- Upper floor with apartment potential and possible grant opportunities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49829, MI
17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Renovated storefront includes fitting rooms, office, and a separate back space with its own entrance.
Where is this storefront property located?
The property is located at 1206 Ludington Street Escanaba, MI.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: High‑traffic downtown location in Escanaba's commercial district.; Income‑producing potential with a separate back storefront space.; Upper floor with apartment potential and possible grant opportunities.
