Three-Unit Office
New
For Sale
$495,000
205 & 215 N Jebavy Drive, Ludington, MI 49431
Commercial Sale, Ludington, MI
Property Size3,980 SF
Lot Size2.87 Acres
Price / SF$124.37
Days on Market2
Property Features for 205 & 215 N Jebavy Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C-1
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking
13
Interior features
Broadband
Elementary school
Ludington Elementary School
Middle school
Oj Dejonge Middle School
High school
Ludington High School
Elementary school district
Ludington
Middle school district
Ludington
High school district
Ludington
Directions
From US-10: N on Jebavy. Property on the left just across from King Dr.
Standard status
Active
APN
010-014-200-032-00 & -027-40
Size
3,980 SF
Lot size
2.87 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
Lengthy Legal - See Docs
Tax Annual Amount
4433
Legal Description
Lengthy Legal - See Docs
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1989
Number of units
3
Building materials
Metal Siding
Roof type
Composition
Buildings
2
Listing Agency:
GREENRIDGE Realty Ludington
(231) 843-6868
Listed By:
Bob Budreau · License #6502356674
(231) 690-8127
Added: Oct 30
Last Checked: Oct 31 at 2:06AM
MLS# 26057770
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,980-square-foot office building contains three units and is fully leased to one tenant. Built in 1989, it features metal siding, forced-air heat, central air, broadband, and cable availability. A 22' x 24' garage near the road is used for storage, and the property includes paved parking at the front with additional space behind the building.
The 2.87-acre site has 188' of frontage along a main road. An open area lies north of the building, while a wooded buffer occupies the south side.
The 2.87-acre site has 188' of frontage along a main road. An open area lies north of the building, while a wooded buffer occupies the south side.
Key Highlights
- Three‑unit office building totaling 3,980 square feet
- Single tenant currently leases all three units
- 2.87‑acre site with 188' of frontage on a main road
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
3
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
531
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A single tenant occupies all three units, with paved parking and additional land for storage or expansion.
Where is this office building located?
The property is located at 205 & 215 N Jebavy Drive Ludington, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Three‑unit office building totaling 3,980 square feet; Single tenant currently leases all three units; 2.87‑acre site with 188' of frontage on a main road
