Platted Multi-Lot Development
For Sale
$769,000
1011 N James St, Ludington, MI 49431
Seven platted city lots on two adjoining parcels offer flexible residential and commercial development options, subject to verification.
Property SizeContact for details
Days on Market617
Property Features for 1011 N James St
General Information
Standard status
Active
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$2,011
Listing Agency:
LIGHTHOUSE REALTY-Ludington
(231) 510-5065
Listed By:
Lois Mitzelfeld · License #6501352749
(231) 510-5065
Source:
Exitrealty
Added: Dec 11, 2024
Changed: Aug 14
Last Checked: Aug 14 at 7:48AM
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 LIGHTHOUSE REALTY-Ludington
Investment Insights
Based on property information with market context.
This offering consists of platted city lots approved for a range of development possibilities across both residential and commercial use. The property includes a commercial zoning portion on the north end, and the public remarks also describe potential residential development scenarios such as selling individual lots and building two-family homes per lot, with other higher-density dwelling possibilities discussed in the remarks. Additional potential use concepts mentioned include adult and family day care, subject to buyer verification of all requirements.
The seller notes the site is within walking distance to Lake Michigan and the Ludington Lighthouse area, and a short ride to downtown Ludington, the Badger car ferry, and the city marina. The buyer should verify zoning, taxes, property dimensions, and all other information. Building removal is scheduled by March 31, 2025, as the seller is relocating.
Two adjoining lots, identified as 13 and 14, are also listed for sale on MLS.
The seller notes the site is within walking distance to Lake Michigan and the Ludington Lighthouse area, and a short ride to downtown Ludington, the Badger car ferry, and the city marina. The buyer should verify zoning, taxes, property dimensions, and all other information. Building removal is scheduled by March 31, 2025, as the seller is relocating.
Two adjoining lots, identified as 13 and 14, are also listed for sale on MLS.
Key Highlights
- 7 platted city lots approved for limitless residential and commercial possibilities (buyer to verify zoning, taxes, and dimensions)
- 2 adjoining parcels included: lots 13 and 14 are also for sale on MLS
- N end of property has commercial zoning with additional development possibilities (buyer to verify)
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Seven platted city lots on two adjoining parcels offer flexible residential and commercial development options, subject to verification.
Where is this residential land & home lot located?
The property is located at 1011 N James St Ludington, MI.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: 7 platted city lots approved for limitless residential and commercial possibilities (buyer to verify zoning, taxes, and dimensions); 2 adjoining parcels included: lots 13 and 14 are also for sale on MLS; N end of property has commercial zoning with additional development possibilities (buyer to verify)
