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Downtown Restaurant and Rental Property

121 & 125 S James Street Ludington, MI 49431

121 & 125 S James Street, Ludington, MI, 49431
$899,000
For Sale
$899,000

Turnkey restaurant and bar plus three rental apartments on two parcels in downtown Ludington.

Days on Market97

Property Features for 121 & 125 S James Street

General Information

Standard status
Active
Property subtype
Business Opportunity

Building Details

Year Built
1900
Listing agency Greenridge Realty S Rath
Listed by Debby Stevenson · License #6502347161
Source Carolbollo
Added: Apr 17 Updated: Jul 22 at 10:22AM Checked: Jul 22 at 10:22AM

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.

This turnkey downtown property combines an operating restaurant and bar with income-producing residential units. The sale includes the restaurant/bar business name, phone number, established book of business, a Class C liquor license, and all furniture, fixtures, and equipment. The restaurant is configured with multiple service areas, including a rooftop patio with a wet bar, kitchen space, and restrooms, plus a mix of open-air and covered seating. A lower level features roll-up garage door access that opens directly to an outdoor patio along James Street.

The property sits on two parcels at 121 and 125 S. James St. In addition to the restaurant space, it includes one 2-bedroom and two 1-bedroom rental apartments. The building also has a full, dry basement that may provide additional usable or storage space, subject to buyer verification.

Buyer to verify all information.

Key Highlights

  • Downtown Ludington turnkey restaurant/bar plus rental income on two parcels (121 & 125 S. James St)
  • Includes Blu Moon business name, phone number, established book of business, Class C liquor license, and all furniture, fixtures & equipment
  • Restaurant features multiple service areas, including a rooftop patio with wet bar, kitchen space, restrooms, and open‑air/covered seating

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Parking Lot & Garage Pharmacy HVAC Service Auto Parts Store Auto Repair Shop Spa & Massage Center (Bike/Boat/Book/etc) Store Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant and bar plus three rental apartments on two parcels in downtown Ludington.
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 $899,000.
What are key features of this property?
This property features: Downtown Ludington turnkey restaurant/bar plus rental income on two parcels (121 & 125 S. James St); Includes Blu Moon business name, phone number, established book of business, Class C liquor license, and all furniture, fixtures & equipment; Restaurant features multiple service areas, including a rooftop patio with wet bar, kitchen space, restrooms, and open‑air/covered seating
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