225 W Ludington Avenue Units 31, Ludington, MI 49431

Building Details

Year Built

2018

Listing office GREENRIDGE Realty Ludington b***@greenridge.com Show Phone

Listing date Mar 26, 2021

Source Exitrealty

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Overview

Three separate commercial, retail, or office units are newly available for rent within the Ludington Downtown Development Authority (DDA). The units are currently unfinished, offered with a 5-year lease and a 5-year extension option. A security deposit equal to one month's rent is required at the lease signing. The owner will provide a 'white box' finish, including drywall, ceilings, electrical systems, heating, and installed fire suppression, along with an allowance for flooring. Tenants are responsible for the costs of customizing their respective units. Lease terms may be adjusted to accommodate extensive upgrades with a long-term lease agreement. Each unit requires tenants to pay their utilities individually. There are no additional Common Area Maintenance (CAM) fees. The rent includes a 3% annual increase. The property has 4704 square feet and is located at 225 W Ludington Avenue.

Suggested Use

Spa & Massage Center Pharmacy Auto Parts Store Food Market Parking Lot & Garage Auto Repair Shop Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Daycare Center

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

Location Insight

• Map
• Local Demand

City

Ludington

County

Mason

State

Michigan

Longitude

-86.4498059

Latitude

43.9552498

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FAQs

What type of property is this?

Retail space - Three commercial units available for rent in Ludington DDA.

Where is this retail space located?

The property is located at 225 W Ludington Avenue Units 31 Ludington, MI.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Prime location in Ludington DDA area.; Newly available unfinished commercial/retail/office units offer customization potential.; Owner provides a 'white box' finish including drywall, ceilings, electrical, heating, fire suppression, and flooring allowance.