Building Details

Year Built 2001

Listing Agency: Five Star Real Estate (Main) m***@gmail.com Show Phone

Listed By: Chad Haskin

Source: Katie-k

Added: Aug 26 Changed: Aug 28 Last Checked: Aug 29 at 11:44AM

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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 Five Star Real Estate (Main)

Investment Insights

Based on property information with market context.

This flex space suite includes substantial mezzanine storage along with an office area that has been recently updated. The property was built in 2001.

Located within Ludington Railside Business Park, the suite sits across from the fairgrounds at 5111 U.S. 10 in Ludington, Michigan.

Key Highlights

• Recently updated office area
• Mezzanine storage space
• Located in Ludington Railside Business Park

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Travel Agency Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 49431, MI

17,044

Population

9,959

Households

1.7

Avg Household Size

48

Median Age

29%

College-Educated

94%

High-School Grad

96.1 sq mi

ZIP Area

177

Density / Sq Mi

$63,313

Median Household Income

$36,924

Median Earnings

$850

Median Rent

$218,600

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Commercial suite with mezzanine storage and refreshed office improvements in Ludington Railside Business Park.

Where is this flex space located?

The property is located at 5111 U.S 10 Ludington, MI.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: Recently updated office area; Mezzanine storage space; Located in Ludington Railside Business Park