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Restaurant with Rooftop Patio
For Sale
$849,000

121 & 125 S James Street, Ludington, MI 49431

Established venue combines dining, bar service, and furnished rooftop seating with covered and open-air areas.

Property Size8,208 SF
Price / SF$103.44
Days on Market149

Property Features for 121 & 125 S James Street

General Information

Standard status Active
Size 8,208 SF
Property subtype Business Opportunities

Restaurant

Patio Yes
Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes

Amenities

wet bar
kitchen space
restrooms
open-air seating
covered seating
3
Rubber
45110

Building Details

Year Built 1900
Listing Agency: Greenridge Realty S Rath
Listed By: Debby Stevenson · License #6502347161
Source: Xome
Added: Apr 15 Changed: Sep 9 Last Checked: Sep 9 at 4:03PM

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 Greenridge Realty S Rath

Investment Insights

Based on property information with market context.

The Blu Moon is a restaurant and bar operation accompanied by the underlying real estate and rental units. The property encompasses 8,208 square feet across two parcels at 121 and 125 S James Street. Built in 1900, the venue includes several customer service areas and a rooftop patio with a wet bar, kitchen space, restrooms, and both covered and open-air seating.

The offering includes the Blu Moon business name, phone number, established book of business, Class C liquor license, and the furniture, fixtures, and equipment used in the operation. The property is positioned in downtown Ludington and is being offered as both an operating restaurant business and a real estate holding with rental units.

Key Highlights

  • 8,208‑square‑foot restaurant and bar property built in 1900
  • Two‑parcel offering at 121 and 125 S James Street
  • Rooftop patio with wet bar, kitchen space, restrooms, and covered and open‑air seating

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Pharmacy HVAC Service Auto Parts Store Auto Repair Shop Spa & Massage Center

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
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

653
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established venue combines dining, bar service, and furnished rooftop seating with covered and open-air areas.
Where is this conventional restaurant located?
The property is located at 121 & 125 S James Street Ludington, MI.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 8,208‑square‑foot restaurant and bar property built in 1900; Two‑parcel offering at 121 and 125 S James Street; Rooftop patio with wet bar, kitchen space, restrooms, and covered and open‑air seating
More about this property
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