Mixed-Use Property with Rooftop
New
For Sale
$849,000
121125 121 & 125 S James St, Ludington, MI 49431
Restaurant and bar operation combined with three rental apartments, business assets, and a full dry basement.
Property Size8,208 SF
Price / SF$103.44
Days on Market5
Property Features for 121125 121 & 125 S James St
General Information
Standard status
Active
Size
8,208 SF
Restaurant
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Units
Unit Mix
1 x 2BR, 2 x 1BR
Multifamily Units
3
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Year Built
1900
Listing Agency:
Greenridge Realty S Rath
(231) 510-5727
Listed By:
Debby Stevenson · License #6502347161
Source:
Katie-k
Added: Aug 25
Changed: Aug 28
Last Checked: Aug 28 at 8:21AM
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 mixed-use property combines an operating restaurant and bar with residential rental space. The sale includes the Blu Moon business name, phone number, established book of business, Class C liquor license, and furniture, fixtures, and equipment. Multiple service areas support the restaurant, including kitchen space, restrooms, and a rooftop patio with a wet bar and both covered and open-air seating.
The lower level provides roll-up garage door access to an outdoor patio along James Street. The property spans two parcels at 121 and 125 S. James St and includes one 2-bedroom apartment plus two 1-bedroom apartments of varying sizes. A full, dry basement offers additional space for storage or other use. Built in 1900, the 8,208-square-foot property is located in downtown Ludington.
The lower level provides roll-up garage door access to an outdoor patio along James Street. The property spans two parcels at 121 and 125 S. James St and includes one 2-bedroom apartment plus two 1-bedroom apartments of varying sizes. A full, dry basement offers additional space for storage or other use. Built in 1900, the 8,208-square-foot property is located in downtown Ludington.
Key Highlights
- 8,208‑square‑foot mixed‑use property built in 1900
- Restaurant and bar business included with Class C liquor license
- Rooftop patio includes wet bar, kitchen space, restrooms, and covered and open‑air seating
Property Analytics
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant and bar operation combined with three rental apartments, business assets, and a full dry basement.
Where is this mixed-use property located?
The property is located at 121125 121 & 125 S James St 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 mixed‑use property built in 1900; Restaurant and bar business included with Class C liquor license; Rooftop patio includes wet bar, kitchen space, restrooms, and covered and open‑air seating
