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Historic Downtown Office Building
For Sale
$625,000

524 LUDINGTON ST, Escanaba, MI 49829

Three-story office property with a finished basement, elevator access, central air, and on-site parking areas.

Property Size25,000 SF
Price / SF$24.48
Days on Market11

Property Features for 524 LUDINGTON ST

General Information

Standard status Active
Size 25,000 SF
Elevators Yes
Property subtype Industrial

Amenities

Central Air

Building Details

Year Built 1908
Buildings 1
Stories 3
Building Size 25,000 SF
Listing Agency: PREMIER REAL ESTATE, INC.
Listed By: LORI RYMKOS · License #UPAR
Source: Xome
Added: Aug 11 Changed: Aug 20 Last Checked: Aug 20 at 5:29AM

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.

Built in 1908, this three-story office building with a full finished basement contains 25,528 SF of finished space across four accessible levels. The property includes an elevator, central air, a side parking area, and additional parking at the rear. Its former use as a U.S. Post Office contributes established architectural character, while the existing office layout provides a substantial foundation for continued professional occupancy or redevelopment.

Located at 524 Ludington St in downtown Escanaba, the building includes office areas with views toward Ludington Park and Lake Michigan. The property is being offered in its current AS IS condition and is suited to office, residential, hospitality, conference, event, or mixed-use redevelopment concepts identified in the property information.

Key Highlights

  • 25,528 SF of finished space in a three‑story building with full basement
  • Built in 1908 and originally used as a U.S. Post Office
  • Elevator serves all four levels

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
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office property with a finished basement, elevator access, central air, 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: 25,528 SF of finished space in a three‑story building with full basement; Built in 1908 and originally used as a U.S. Post Office; Elevator serves all four levels
More about this property
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