Waterfront Development Land
509 Lake Street Ludington, MI 49431
509 Lake Street, Ludington, MI, 49431
$434,900
For Sale
Under Contract
$434,900
COMMERCIAL - Ludington, MI
Lot Size1.97 Acres
Days on Market1628
Property Features for 509 Lake Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active Under Contract
- APN
- 53-051-590-040-01
- Lot size
- 1.97 Acres
Taxes and HOA fees
- Tax Year
- 2020
- Tax Description
- see attached for legals for both parcels
- Tax Annual Amount
- 2774
Utilities
- Utilities
- Cable Available
- Water front features
- Lake
- Water front
- 1
Listing Agency
Greenridge Realty S Rath
(231) 843-6868
300 S Rath Ave Suite 101, Ludington, MI
Listed by
Mary Jo Pung · License #6506043801
(231) 690-1587
Added: Feb 1, 2022 Checked: Jul 18 at 12:06 am
MLS# 22003093
Listing URL
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Investment Insights
Based on property information with market context.
This waterfront land parcel offers investment and development flexibility, with the property positioned to overlook PM Lake. The listing indicates the land may support multiple development directions, including room to build condos or apartments, subject to applicable approvals.
Located in the City of Ludington’s waterfront district, the parcel is described as being near marinas, fishing boat charters, and the Boat Club. The remarks also state the property is within an Opportunity Zone.
Permitted uses referenced in the listing include multi-family residences, many types of businesses, professional offices, museums, and banks. Address: 509 Lake Street, Ludington, MI 49431.
Located in the City of Ludington’s waterfront district, the parcel is described as being near marinas, fishing boat charters, and the Boat Club. The remarks also state the property is within an Opportunity Zone.
Permitted uses referenced in the listing include multi-family residences, many types of businesses, professional offices, museums, and banks. Address: 509 Lake Street, Ludington, MI 49431.
Key Highlights
- Overlooks PM Lake and possibly Lake MI, offering waterfront views.
- Located in the heart of Ludington's waterfront district, near marinas and boat charters.
- Permitted uses include multi‑family residences, businesses, offices, museums, and banks.
Property Analytics
Location Intelligence
Current Use by Public Records
Waterfront Land
Similar For Sale Nearby
FAQs
What type of property is this?
Waterfront Land - Waterfront land parcel overlooking PM Lake in Ludington’s waterfront district, with multiple potential permitted uses.
Where is this waterfront 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 waterfront views.; Located in the heart of Ludington's waterfront district, near marinas and boat charters.; Permitted uses include multi‑family residences, businesses, offices, museums, and banks.
