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Medical Office Building with Basement
For Sale
$495,000

701 N Washington Avenue, Ludington, MI 49431

Commercial Sale, Ludington, MI

Property Size2,408 SF
Lot Size0.37 Acres
Price / SF$205.56
Days on Market110

Property Features for 701 N Washington Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Mixed Use
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1
Parking 15
Interior features Broadband
Elementary school district Ludington
Middle school district Ludington
High school district Ludington
Directions Corner of Tinkham and Washington
Standard status Active
APN 051-235-129-00
Size 2,408 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MANUFACTURERS' ADDITION E 110 FT OF LOTS 22, 23 & 24 BLOCK 7.
Tax Annual Amount 1308
Legal Description MANUFACTURERS' ADDITION E 110 FT OF LOTS 22, 23 & 24 BLOCK 7.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2003
Number of units 1
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Greenridge Realty S Rath
Listed By: Mary Jo Pung · License #6502373040
Added: May 21 Changed: Sep 7 Last Checked: Sep 7 at 8:06PM
MLS# 26026253

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2003, this 2,408-square-foot medical office property occupies a 0.37-acre site at 701 N Washington Avenue in Ludington. The layout includes a reception area, workstation area, private office, storage shelving, cabinetry, a double sink, meeting or patient areas, two restrooms, and a full basement with an egress window. Vinyl siding, a composition roof, forced-air heat, central air, broadband, and cable availability are also included.

The property is positioned at the corner of N Washington Avenue and Tinkham Street with 15 parking spaces. Mixed-use zoning permits a broad range of uses identified for the site, including medical and dental offices, professional office, retail, restaurant, childcare, adult care, indoor recreation, fitness center, event space, live/work dwelling, and residential units.

Key Highlights

  • 2,408‑square‑foot medical office building on a 0.37‑acre site
  • Built in 2003 with forced‑air heat and central air
  • Full basement with egress window

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service Plumbing 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

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 supports medical, professional, retail, and other listed commercial uses.
Where is this medical office space located?
The property is located at 701 N Washington Avenue 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 office building on a 0.37‑acre site; Built in 2003 with forced‑air heat and central air; Full basement with egress window
More about this property
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