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509 Lake Street Ludington, MI 49431

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For Sale
$434,900

Investment property in Ludington's waterfront district with multiple possibilities.

Type:Commercial/Industrial
Property size:
85,813 SF
Lot size:
1.97 Acres
Added:
Mar 12, 2026
Days on Market:
21
Last Refresh:
Mar 25 at 11:31 pm

Property Features for 509 Lake Street

General Information

Standard status
Active
Size
85,813 SF
Lot size
1.97 Acres
Property subtype
Commercial/Industrial

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Listing Contact
Mary Jo Pung
Mary Jo Pung

Listing agent Mary Jo Pung License #6502373040

Listing office Greenridge Realty S Rath

Listing date Mar 12, 2026

Source Exitrealty

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 S Rath


Overview

Waterfront District Investment Opportunity

This property offers an investment opportunity overlooking PM Lake and potentially Lake Michigan, situated in the heart of Ludington's waterfront district. The parcel's location near marinas, fishing boat charters, and the Boat Club enhances its appeal. Permitted uses for the property include multi-family residences, various types of businesses, professional offices, museums, and banks. The property's size is 85813 square feet, providing room to build condos or apartments. Located in an Opportunity Zone, the property may offer tax incentives for investors.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Ludington
County
Mason
State
Michigan
Longitude
-86.4416
Latitude
43.9484

FAQs

What type of property is this?
Commercial land - Investment property in Ludington's waterfront district with multiple possibilities.
Where is this commercial land located?
The property is located at 509 Lake Street Ludington, MI.
What is the asking price?
The asking price for this property is $434,900.
What are key features of this property?
This property features: Overlooks PM Lake and possibly Lake MI, offering desirable waterfront views.; Located in the heart of Ludington's waterfront district, near marinas and boat charters.; Zoned for multi‑family residences, various businesses, and professional offices, providing versatile development options.
More about this property
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