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Three-Unit Rehabilitation Center
For Sale
$350,000

215 N Jebavy Dr, Ludington, MI 49431

Fully leased to one tenant with paved parking and additional rear area for parking, storage, or expansion.

Property Size3,980 SF
Price / SF$87.94
Days on Market51

Property Features for 215 N Jebavy Dr

General Information

Standard status Active
Size 3,980 SF

Building Details

Year Built 1989
Listing Agency: GREENRIDGE Realty Ludington
Listed By: Bob Budreau · License #6502356674
Source: Katie-k
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 7 at 5:13PM

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 three-unit rehabilitation center contains 3,980 square feet and was built in 1989. The building is fully rented to a single tenant and is described as being in excellent condition. Existing improvements include paved parking at the front of the property, along with additional space behind the building.

The property occupies 0.85 acres at 215 N Jebavy Dr in Ludington, Michigan. It offers 112 feet of frontage along a high-traffic main road. The rear area provides room for additional parking, storage, or expansion, giving the site flexibility beyond its existing building footprint.

Key Highlights

  • 3,980‑square‑foot, three‑unit building
  • Fully rented to a single tenant
  • 0.85‑acre site with 112 feet of frontage

Property Analytics

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Current Use

Northern Staffing Services Employment Agency West Michigan Seal ... General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Hair Salon Dental Office

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

531
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Rehabilitation center - Fully leased to one tenant with paved parking and additional rear area for parking, storage, or expansion.
Where is this rehabilitation center located?
The property is located at 215 N Jebavy Dr 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, three‑unit building; Fully rented to a single tenant; 0.85‑acre site with 112 feet of frontage
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