3-Unit Rehabilitation
New
For Sale
$495,000
205 & 215 N Jebavy Dr, Ludington, MI 49431
One tenant occupies all three units, with paved parking at the front and additional space behind the building.
Property Size3,980 SF
Lot Size2.80 Acres
Price / SF$124.37
Days on Market5
Property Features for 205 & 215 N Jebavy Dr
General Information
Standard status
Active
Size
3,980 SF
Lot size
2.80 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1989
Buildings
2
Tenancy
Single
Listing Agency:
GREENRIDGE Realty Ludington
Listed By:
Bob Budreau · License #6502356674
(231) 690-8127
Source:
Metrodetroithomeguide
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 1 at 3:02PM
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
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Investment Insights
Based on property information with market context.
This rehabilitation property contains three units across 3,980 square feet and is occupied by a single tenant. Built in 1989, the building includes a 22-by-24-foot garage used for storage. The 2.8-acre site has paved parking in front and additional area behind the building for parking, storage, or expansion.
The property has 188 feet of frontage on N Jebavy Dr. An open area lies to the north, while a wooded buffer borders the south side.
The property has 188 feet of frontage on N Jebavy Dr. An open area lies to the north, while a wooded buffer borders the south side.
Key Highlights
- Three units totaling 3,980 square feet, occupied by one tenant
- 2.8‑acre site with 188 feet of frontage on N Jebavy Dr
- 22‑by‑24‑foot garage currently used for storage
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
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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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Frequently Asked Questions
What type of property is this?
Rehabilitation center - One tenant occupies all three units, with paved parking at the front and additional space behind the building.
Where is this rehabilitation center located?
The property is located at 205 & 215 N Jebavy Dr 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 units totaling 3,980 square feet, occupied by one tenant; 2.8‑acre site with 188 feet of frontage on N Jebavy Dr; 22‑by‑24‑foot garage currently used for storage
