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    Ludington Waterfront Development Opportunity Title is generated by Realmo AI

    510 Lake St, Ludington, MI 49431

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    For Sale
    $2,200,000

    4.5+ acre waterfront property with marina in Ludington, MI.

    Type:Commercial
    Property size:
    50,000 SF
    Lot size:
    4.50 Acres
    Price / SF:
    $44/SF
    Added:
    Mar 11, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 3 at 2:09 am

    Property Features for 510 Lake St

    General Information

    Standard status
    Active
    Size
    50,000 SF
    Lot size
    4.50 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1924

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    Debby Stevenson

    Listing office Greenridge Realty S Rath

    Listing date Mar 11, 2026

    Source Elliman

    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

    HighLights

    • Prime development opportunity on Pere Marquette Lake (Lake Michigan port).
    • Approximately 4.5+ acres of land.
    • Significant water frontage: Approx. 735 ft.
    • Includes a 35‑boat slip marina.
    • Road frontage: Approx. 502 ft.
    • Opportunity to redevelop a legacy property into condos or living spaces.

    Overview

    Located in the harbor town of Ludington, MI, this property presents a development and/or business opportunity. It comprises approximately 4.5+ acres on the shore of Pere Marquette Lake, which also serves as the Lake Michigan port. The site features around 735 feet of water frontage and 502 feet of road frontage. A marina with 35 boat slips is included. The property is suitable for creating a new condo community or rehabilitating the existing building to develop new living spaces. The 50,000 sq ft building has collapsed on the East end and will need to be removed. This property offers the opportunity to convert a legacy property into a future vision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Thompson Marina Marina Katfish Charters Tour Operator FISH-n-TALES Charters Tour Operator

    Suggested Use

    Building Supply Spa & Massage Center Auto Repair Shop Pharmacy Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Food Market HVAC Service Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Ludington
    County
    Mason
    State
    Michigan
    Longitude
    -86.4427
    Latitude
    43.9477

    FAQs

    What type of property is this?
    Waterfront Land - 4.5+ acre waterfront property with marina in Ludington, MI.
    Where is this waterfront land located?
    The property is located at 510 Lake St Ludington, MI.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Prime development opportunity on Pere Marquette Lake (Lake Michigan port).; Approximately 4.5+ acres of land.; Significant water frontage: Approx. 735 ft.
    More about this property
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