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Mixed-Use Property with Paved Parking
For Sale
$500,000

5177 W US-10, Ludington, MI 49431

Two-unit commercial building with offices, conference space, kitchen area, storage, and three restrooms.

Property Size5,180 SF
Price / SF$109.65
Days on Market48

Property Features for 5177 W US-10

General Information

Standard status Active
Size 5,180 SF
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 2

Amenities

ADA entrance
individual offices
cubicles
conference room
three restrooms
break room
kitchen area
storage spaces
3
Composition
1003056964

Building Details

Year Built 2005
Buildings 1
Building Size 5,180 SF
Tenancy Multi
Listing Agency: GREENRIDGE Realty Ludington
Listed By: Bob Budreau · License #6502356674
Source: Xome
Added: Jul 25 Changed: Sep 9 Last Checked: Sep 9 at 3:49PM

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 Ludington

Investment Insights

Based on property information with market context.

This mixed-use commercial property includes a two-unit building with individual offices, cubicles, a conference room, three restrooms, a break room, kitchen area, and storage spaces. An ADA entrance supports accessible entry, while the paved parking area provides 10,120 square feet of on-site parking.

The property is positioned along a high-traffic section of US-10 at 5177 W US-10 in Ludington, Michigan. Built in 2005, the building is configured for professional services, retail, and office use, with two individual units currently occupied by tenants.

Key Highlights

  • Two‑unit mixed‑use commercial building
  • 10,120 square feet of paved parking
  • ADA entrance

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Bakery HVAC Service

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

2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-unit commercial building with offices, conference space, kitchen area, storage, and three restrooms.
Where is this mixed-use property located?
The property is located at 5177 W US-10 Ludington, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two‑unit mixed‑use commercial building; 10,120 square feet of paved parking; ADA entrance
More about this property
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