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Three-Unit Office Property
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200 Loomis Street, Ludington, MI 49431

Three unfinished commercial units in the Ludington DDA with owner-provided white-box improvements and individual utility responsibility.

Property Size4,704 SF
Days on Market1979

Property Features for 200 Loomis Street

General Information

Standard status Active
Size 4,704 SF
Property subtype General Commercial

Property Condition

Severity Minor
Evidence Currently unfinished

Additional Details

Sprinkler System Yes
Office Units 3

Amenities

3
180 x 140

Building Details

Year Built 2018
Listing Agency: GREENRIDGE Realty Ludington
Listed By: Bob Budreau · License #6502356674
Source: Xome
Added: Mar 21, 2021 Changed: Aug 20 Last Checked: Aug 20 at 4:52AM

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 Ludington

Investment Insights

Based on property information with market context.

This 4,704-square-foot office property contains three separate commercial units delivered in unfinished condition. The owner will provide a white-box finish including drywall, ceilings, electrical, heating, fire suppression, and an allowance for flooring. Tenants are responsible for customizing their respective spaces and paying for utilities individually.

The property was built in 2018 and is located at 200 Loomis Street in Ludington’s DDA. Leasing is structured around an initial 5-year term with a 5-year extension option. The lease includes a 3% annual rent increase and no additional CAM charges. Terms may be adjusted when extensive improvements are paired with a longer lease commitment.

Key Highlights

  • Three separate office units totaling 4,704 square feet
  • Owner‑provided white‑box finish with drywall, ceilings, electrical, heating, and fire suppression
  • Flooring allowance included in the owner’s improvement package

Property Analytics

Current Use

Loomis Apartment Complex

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Pharmacy Auto Repair Shop HVAC Service (Bike/Boat/Book/etc) Store

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

3
Office units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Three unfinished commercial units in the Ludington DDA with owner-provided white-box improvements and individual utility responsibility.
Where is this office units located?
The property is located at 200 Loomis Street Ludington, MI.
What are key features of this property?
This property features: Three separate office units totaling 4,704 square feet; Owner‑provided white‑box finish with drywall, ceilings, electrical, heating, and fire suppression; Flooring allowance included in the owner’s improvement package
More about this property
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