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Historic Downtown Office Building
For Sale
$625,000

524 LUDINGTON ST, Escanaba, MI 49829

Three-story office building with full basement and elevator access, plus street parking and on-site parking areas.

Property Size25,528 SF
Price / SF$24.48
Days on Market49

Property Features for 524 LUDINGTON ST

General Information

Standard status Active
Size 25,528 SF
Property subtype Industrial

Amenities

Central Air

Building Details

Year Built 1908
Listing Agency: PREMIER REAL ESTATE, INC.
Listed By: LORI RYMKOS · License #UPAR
Source: Xome
Added: Jul 23 Changed: Sep 4 Last Checked: Sep 9 at 6:25AM

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 PREMIER REAL ESTATE, INC.

Investment Insights

Based on property information with market context.

Ludington Post Suites is an historic downtown office building originally constructed as a post office. The property offers finished space across three stories plus a full basement, with varying unit sizes suitable for multiple commercial users. The building currently has nine tenants and additional space availability.

Elevator access serves the building’s floors. Parking includes street parking, a small side parking area, and a rear back parking lot.

With flexible floor-level access, multi-tenant configuration, and views of Ludington Park and Lake Michigan from many offices, the property offers a practical, established downtown office setting.

Key Highlights

  • Over 25,000 sq ft of finished space in a 3‑story building with a full basement
  • 9 current tenants with space for more, offering a multi‑tenant commercial rental setup
  • Elevator provides access to all 4 floors

Property Analytics

Current Use

Law Office of Michael ... Law Firm Maki Law Law Firm Victory Video and Photography Photography Service WCHT Radio Station Wupf Radio Station

Suggested Use

Top Pick Grocery & Convenience Store Plumbing Service Barber Shop Furniture & Home Goods Computer & Electronic Repair Electrical 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.

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby

Demographics for 49829, MI

17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building with full basement and elevator access, plus street parking and on-site parking areas.
Where is this office building located?
The property is located at 524 LUDINGTON ST Escanaba, MI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Over 25,000 sq ft of finished space in a 3‑story building with a full basement; 9 current tenants with space for more, offering a multi‑tenant commercial rental setup; Elevator provides access to all 4 floors
More about this property
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