Three-Unit Retail
For Sale
Contact for pricing
225 Ludington Avenue, Ludington, MI 49431
Unfinished commercial units in the Ludington DDA with planned white-box delivery and flexible tenant customization.
Property Size4,704 SF
Days on Market1979
Property Features for 225 Ludington Avenue
General Information
Standard status
Active
Size
4,704 SF
Property subtype
General Commercial
Additional Details
Sprinkler System
Yes
Office Units
3
Amenities
3
216 x 140
Building Details
Year Built
2018
Listing Agency:
GREENRIDGE Realty Ludington
(231) 690-8127
Listed By:
Bob Budreau · License #6502356674
(231) 690-8127
Source:
Xome
Added: Mar 21, 2021
Changed: Aug 20
Last Checked: Aug 20 at 9:20AM
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.
This 2018 retail property includes three separate commercial units totaling 4,704 square feet at 225 Ludington Avenue. The spaces are currently unfinished, with the owner planning a white-box finish that includes drywall, ceilings, electrical service, heating, fire suppression, and an allowance for flooring. Tenants may complete additional customization, with lease terms subject to adjustment for extensive improvements and longer commitments.
The property is located within the Ludington DDA in Ludington, Michigan. Each unit requires the tenant to arrange and pay for its own utilities, while no additional CAM is charged. Lease availability is structured around an initial 5-year term with a 5-year extension option, and scheduled rent increases are set at 3% annually.
The property is located within the Ludington DDA in Ludington, Michigan. Each unit requires the tenant to arrange and pay for its own utilities, while no additional CAM is charged. Lease availability is structured around an initial 5-year term with a 5-year extension option, and scheduled rent increases are set at 3% annually.
Key Highlights
- Three separate retail, commercial, or office units
- 4,704 square feet within a 2018 building
- Owner‑provided white‑box finish planned
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
661
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
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Frequently Asked Questions
What type of property is this?
Retail space - Unfinished commercial units in the Ludington DDA with planned white-box delivery and flexible tenant customization.
Where is this retail space located?
The property is located at 225 Ludington Avenue Ludington, MI.
What are key features of this property?
This property features: Three separate retail, commercial, or office units; 4,704 square feet within a 2018 building; Owner‑provided white‑box finish planned
