Escanaba Corner Property with
1636 Ludington Escanaba, MI 49829
For Sale
$700,000
Mixed-use property featuring a restaurant and auto shop.
Days on Market110
Property Features for 1636 Ludington
General Information
- Standard status
- Active
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1920
Listing Agency:
(906) 553-2722
Listed By:
Art Van Damme
(906) 553-2722
Source:
Cbcworldwide
Added: Apr 7
Changed: Jul 10
Last Checked: Apr 7 at 8:09PM
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 Art Van Damme
Investment Insights
Based on property information with market context.
Located on the corner of Stephenson and Ludington in Escanaba, this mixed-use property houses two businesses. La Cantina Mexican restaurant occupies part of the building and pays $3200 per month, covering all of their utilities. The restaurant is interested in signing a long-term lease. The restaurant has separate heating and cooling systems. The other part of the building is currently occupied by Novak's used car sales and repair shop, which will be vacating the premises. However, they will be leaving behind a car hoist, a large air compressor, and tire racks. The garage area includes an office, a bathroom, a natural gas heater, and a wood furnace. The repair shop and used car lot could be used as a machine shop or other industrial facility. Additionally, the sale includes two lots located across the alley. The roof over the restaurant was replaced in 2025 with a rubberized sealing at a cost of $40,000.
Key Highlights
- Prime corner location at the intersection of Escanaba, Stephenson, and Ludington.
- Existing tenant provides immediate rental income of $3200/month plus utilities, with potential for a long‑term lease.
- Restaurant roof replaced in 2025 with a $40,000 rubberized sealing.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
La Cantina
Restaurant
FAQs
What type of property is this?
Mixed-use property - Mixed-use property featuring a restaurant and auto shop.
Where is this mixed-use property located?
The property is located at 1636 Ludington Escanaba, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Prime corner location at the intersection of Escanaba, Stephenson, and Ludington.; Existing tenant provides immediate rental income of $3200/month plus utilities, with potential for a long‑term lease.; Restaurant roof replaced in 2025 with a $40,000 rubberized sealing.
