Three-Unit Office
For Sale
$350,000
215 N Jebavy Drive, Ludington, MI 49431
Fully rented office property with paved parking and additional rear space for storage.
Property Size3,980 SF
Lot Size0.85 Acres
Price / SF$87.94
Days on Market38
Property Features for 215 N Jebavy Drive
General Information
Standard status
Active
Size
3,980 SF
Lot size
0.85 Acres
Property subtype
Commercial
Occupancy
100%
Additional Details
Road Access
Yes
Office Units
3
Taxes and HOA fees
Annual Taxes
$3,603
Building Details
Building Size
3,980 SF
Year Built
1989
Buildings
1
Stories
3980
Units
3
Tenancy
Single
Listing Agency:
GREENRIDGE Realty Ludington
(231) 690-8127
Listed By:
Bob Budreau · License #6502356674
Source:
Erareardonrealty
Added: Jul 24
Changed: Aug 30
Last Checked: Aug 30 at 12:06AM
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.
Built in 1989, this three-unit office building contains 3,980 square feet and is fully rented to a single tenant. The property is positioned on a 0.85-acre site with 112 feet of frontage along N Jebavy Drive in Ludington, Michigan.
Paved parking is located at the front of the building, while the rear portion of the site provides additional space for parking, storage, or expansion. The property also offers a practical existing configuration for an owner seeking an occupied office asset.
Paved parking is located at the front of the building, while the rear portion of the site provides additional space for parking, storage, or expansion. The property also offers a practical existing configuration for an owner seeking an occupied office asset.
Key Highlights
- 3,980‑square‑foot office building with three units
- Fully rented to a single tenant
- 0.85‑acre site with 112 feet of frontage
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Fully rented office property with paved parking and additional rear space for storage.
Where is this office building located?
The property is located at 215 N Jebavy Drive Ludington, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,980‑square‑foot office building with three units; Fully rented to a single tenant; 0.85‑acre site with 112 feet of frontage
