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Three-Unit Office Building
For Sale
$350,000

215 N Jebavy Drive, Ludington, MI 49431

Commercial Sale, Ludington, MI

Property Size3,980 SF
Lot Size0.86 Acres
Price / SF$87.94
Days on Market474

Property Features for 215 N Jebavy Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial/Off
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bathroom 2
Parking 13
Interior features Broadband
Elementary school district Ludington
Middle school district Ludington
High school district Ludington
Directions From US10: N on Jebavy. Go 1/4 mile to driveway on West side of road. Parking spots are out front.
Subdivision MasonOceanaManistee - O
Standard status Active
APN 010-014-200-027-40
Size 3,980 SF
Lot size 0.86 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description New legal is being created with proposed split. Survey attached indicated dimensions and boundaries.
Tax Annual Amount 3603
Legal Description New legal is being created with proposed split. Survey attached indicated dimensions and boundaries.

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
Listing Agency: GREENRIDGE Realty Ludington
Listed By: Bob Budreau · License #6502356674
Added: Jun 20, 2025 Changed: Sep 16 Last Checked: Oct 6 at 4:06AM
MLS# 25029964

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.

Investment Insights

Based on property information with market context.

This 3,980-square-foot office building contains three units and is occupied by a single tenant. Built in 1989, the property has metal siding, a composition roof, forced-air heating, central air, broadband, and cable availability. The building also includes three bathrooms.

Located at 215 N Jebavy Drive in Ludington, the property fronts 112 feet along a high-traffic main road. Paved parking is positioned at the front, while the rear portion provides additional room for parking, storage, or future expansion.

Key Highlights

  • 3,980‑square‑foot building with three office units
  • Currently fully rented by a single tenant
  • 112 feet of frontage on a high‑traffic main road

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.

Lease Details

3
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased office property with paved parking and rear space for storage or expansion.
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 building with three office units; Currently fully rented by a single tenant; 112 feet of frontage on a high‑traffic main road
More about this property
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