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Medical Office with Reception Area
New
For Sale
$495,000

701 N Washington Ave, Ludington, MI 49431

Mixed-use zoning permits a range of residential, service, office, and retail uses.

Property Size2,408 SF
Price / SF$205.56
Days on Market2

Property Features for 701 N Washington Ave

General Information

Standard status Active
Size 2,408 SF
Total Parking Spaces 15
Zoning Mixed Use

Building Details

Year Built 2003
Buildings 1
Listing Agency: Greenridge Realty S Rath
Listed By: Mary Jo Pung · License #6502373040
Source: Katie-k
Added: Sep 24 Last Checked: Sep 24 at 2:19PM

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

Investment Insights

Based on property information with market context.

Built in 2003 as a medical and dental office, this 2,408-square-foot property features a protected entrance, a spacious reception area, and multiple workstations. Interior spaces include a private office, rooms for meetings or patient services, extensive cabinetry and shelving, a double sink, and two restrooms. A full basement with an egress window offers additional space, and the property has 15 parking spaces.

Mixed-use zoning allows dwelling units, live/work residences, childcare and adult care, home occupations, indoor recreation, event and fitness uses, funeral services, dry cleaning, medical and dental practices, professional offices, restaurants, retail, concert halls, and veterinary clinics.

Key Highlights

  • 2,408‑square‑foot medical and dental office building, constructed in 2003
  • Mixed‑use zoning allows residential, office, medical, retail, restaurant, recreation, and service uses
  • 15 parking spaces

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Computer & Electronic Repair Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store

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

622
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

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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Similar Off Market Nearby

  • Animal Hospital of Ludington — 917 E Ludington Ave, Ludington, MI 49431

Frequently Asked Questions

What type of property is this?
Medical Office Space - Mixed-use zoning permits a range of residential, service, office, and retail uses.
Where is this medical office space located?
The property is located at 701 N Washington Ave Ludington, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,408‑square‑foot medical and dental office building, constructed in 2003; Mixed‑use zoning allows residential, office, medical, retail, restaurant, recreation, and service uses; 15 parking spaces
More about this property
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