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Multi-Unit Retail Plaza Investment

239 N Jebavy Drive Ludington, MI 49431

239 N Jebavy Drive, Ludington, MI, 49431
$975,000
For Sale
$975,000

Three fully rented commercial business units in excellent condition within a retail plaza with ample paved parking.

Days on Market400

Property Features for 239 N Jebavy Drive

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1990
Listing agency GREENRIDGE Realty Ludington
Listed by Bob Budreau · License #6502356674
Source Phgrealty
Added: Jun 19, 2025 Updated: Jul 22 at 1:01PM Checked: Jul 23 at 6:35AM

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 retail plaza offers three commercial business rental units, each reported to be fully rented and in excellent condition. The property is presented as a stabilized, multi-unit arrangement with a history of strong occupancy and limited downtime between tenants.

The plaza includes an abundance of parking spaces with paved parking areas. The site is described as having room to build additional units if needed, supporting continued flexibility for future expansion.

Offered for sale as an income-producing retail property with multiple leased spaces, the building and paved parking are noted as well below new construction costs based on the stated price-per-square-foot calculation.

Key Highlights

  • Three 2,400 SF commercial business rentals
  • All three units are fully rented with little downtime between tenants
  • Retail plaza set up with ample paved parking and room to add more units

Property Analytics

Location Intelligence

Current Use by Public Records

Marquette Rail General Contractor Michigan Education Association Association / Organization Dr. Linda Koch Foster Care Service Jebavy Drive Plaza Real Estate Agency Beltone Hearing Centers Hearing Assistance Earphone Store

Suggested Use

Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Hair Salon Dental Office Electrical Service Nail Salon Big Box & Wholesale Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Strip mall - Three fully rented commercial business units in excellent condition within a retail plaza with ample paved parking.
Where is this strip mall located?
The property is located at 239 N Jebavy Drive Ludington, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Three 2,400 SF commercial business rentals; All three units are fully rented with little downtime between tenants; Retail plaza set up with ample paved parking and room to add more units
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