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Retail Storefront with Basement
For Sale
Contact for pricing
Pending

1000 Ludington, Escanaba, MI 49829

Established clothing retail business with updated finishes, dedicated storage, and nearby city parking.

Property SizeContact for details
Days on Market143

Property Features for 1000 Ludington

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Escanaba
Listed By: Judith Granger · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 2:18PM

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 Coldwell Banker Commercial Schmidt, Realtors Escanaba

Investment Insights

Based on property information with market context.

This 5,300-square-foot retail building was constructed in 1955 and is primarily configured for customer-facing merchandise display. The property includes a full basement for storage, 10.5-foot ceilings, a rubberized roof, natural-gas forced-air heat, and central air conditioning. A newer storefront entry and front windows complement carpeting installed in 2019, a remodeled guest bathroom, and interior and exterior painting.

Located on Ludington Street in Escanaba, the property operates as a clothing store serving customers with apparel, shoes, jewelry, and purses. The current owner is retiring and plans to remain during the transition. Nearby city parking supports customer access, while the building’s central retail layout provides a functional setting for continued clothing sales or another storefront-oriented use.

Key Highlights

  • 5,300 SF retail building constructed in 1955
  • 10.5‑foot ceilings with primarily retail‑oriented interior space
  • Full basement provides dedicated storage

Property Analytics

Current Use

The Morrison Shop Clothing Store

Suggested Use

Top Pick Grocery & Convenience Store Barber Shop Furniture & Home Goods Electrical Service Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49829, MI

17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Established clothing retail business with updated finishes, dedicated storage, and nearby city parking.
Where is this storefront property located?
The property is located at 1000 Ludington Escanaba, MI.
What are key features of this property?
This property features: 5,300 SF retail building constructed in 1955; 10.5‑foot ceilings with primarily retail‑oriented interior space; Full basement provides dedicated storage
More about this property
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