White-Box Retail
New
For Lease
$12 SF/Yr
225 W Ludington Avenue #Units 31, Ludington, MI 49431
Multiple unfinished commercial units offer flexible build-out options within the Ludington DDA.
Space SizeContact for details
Property Size4,704 SF
Days on Market6
Property Features for 225 W Ludington Avenue #Units 31
General Information
Standard status
Active
Size
4,704 SF
Zoning
CBD
Lease Term
5 year
Additional Details
Lease Term
60 months
Sprinkler System
Yes
Building Details
Building Size
4,704 SF
Year Built
2018
Buildings
1
Listing Agency:
GREENRIDGE Realty Ludington
(231) 690-8127
Listed By:
Bob Budreau · License #6502356674
(231) 690-8127
Source:
Buyatthelake
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 29 at 5:03PM
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.
Three separate commercial units are available for retail or office use at 225 W Ludington Avenue. The spaces are currently unfinished, with the owner providing a white-box finish that includes drywall, ceilings, electrical, heating, fire suppression, and an allowance for flooring. Tenants may customize the interiors, with terms subject to adjustment for extensive improvements under a long-term lease.
The property is located within the Ludington DDA and carries CBD zoning. Each unit requires the tenant to pay utilities individually, with no additional CAM. Lease terms include an initial five-year period and a five-year extension option, with annual rent increases of 3%. The building was constructed in 2018.
The property is located within the Ludington DDA and carries CBD zoning. Each unit requires the tenant to pay utilities individually, with no additional CAM. Lease terms include an initial five-year period and a five-year extension option, with annual rent increases of 3%. The building was constructed in 2018.
Key Highlights
- Three separate commercial units available at 225 W Ludington Avenue
- CBD zoning within the Ludington DDA
- Owner‑provided white‑box finish with drywall, ceilings, electrical, heating, and fire suppression
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multiple unfinished commercial units offer flexible build-out options within the Ludington DDA.
Where is this retail space located?
The property is located at 225 W Ludington Avenue #Units 31 Ludington, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Three separate commercial units available at 225 W Ludington Avenue; CBD zoning within the Ludington DDA; Owner‑provided white‑box finish with drywall, ceilings, electrical, heating, and fire suppression
