Three-Story Professional Office
For Sale
Contact for pricing
3500 Ludington St, Escanaba, MI 49829
Three-story office building is 100% occupied by tenants including OSF Healthcare, VA, and mBank under gross leases.
Property SizeContact for details
Days on Market121
Property Features for 3500 Ludington St
General Information
Standard status
Active
Property subtype
Office, Retail
Occupancy
100%
Site & Location
Traffic Count
13,566 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
9.5%
Building Details
Stories
3
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 787-0666
Listed By:
Frank Roti · License #IL 475.139806
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 12:28AM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
Willow Creek Professional Building is a three-story office property presented for sale with 100% occupancy. The current tenant mix includes OSF Healthcare, the Department of Veterans Affairs, and mBank, each operating under gross leases.
The building is located across the street from OSF St. Francis Hospital and is served by multiple points of ingress and egress off highly traveled US Route 2. Traffic on US Route 2 is reported at 13,566 vehicles per day.
The property benefits from proximity to a range of local demand generators and amenities, including shopping centers, restaurants, hotels, schools, a national paper manufacturer, a deep water port, and a community college.
The building is located across the street from OSF St. Francis Hospital and is served by multiple points of ingress and egress off highly traveled US Route 2. Traffic on US Route 2 is reported at 13,566 vehicles per day.
The property benefits from proximity to a range of local demand generators and amenities, including shopping centers, restaurants, hotels, schools, a national paper manufacturer, a deep water port, and a community college.
Key Highlights
- Willow Creek Professional Building at 3500 Ludington Street is a three‑story office building with 100% occupancy.
- Tenants include OSF Healthcare, the Department of Veterans Affairs, and mBank, operating under gross leases.
- Located across the street from OSF St. Francis Hospital and an 80‑acre hospital and healthcare facility.
Property Analytics
Current Use
Lease Details
13,566 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 49829, MI
17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
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?
Office building - Three-story office building is 100% occupied by tenants including OSF Healthcare, VA, and mBank under gross leases.
Where is this office building located?
The property is located at 3500 Ludington St Escanaba, MI.
What are key features of this property?
This property features: Willow Creek Professional Building at 3500 Ludington Street is a three‑story office building with 100% occupancy.; Tenants include OSF Healthcare, the Department of Veterans Affairs, and mBank, operating under gross leases.; Located across the street from OSF St. Francis Hospital and an 80‑acre hospital and healthcare facility.
