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Mixed-Use Building with Garage Space
For Sale
$239,900

815 LUDINGTON ST, Escanaba, MI 49829

Historic mixed-use property with open main-floor areas, an existing leased business, rear garage spaces, and a full-bath living area.

Property Size9,400 SF
Price / SF$25.52
Days on Market121

Property Features for 815 LUDINGTON ST

General Information

Standard status Active
Size 9,400 SF
Property subtype Industrial

Amenities

beautiful hardwood floors
large open spaces
tall ceilings
artwork
bay windows
two large garage spaces
very spacious basement
makeshift living area with full bathroom
3
50140

Building Details

Year Built 1890
Listing Agency: KEY REALTY DELTA COUNTY LLC
Listed By: KYLE SOLIS · License #6501447115
Source: Xome
Added: May 13 Changed: Sep 9 Last Checked: Sep 9 at 3:32PM

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 KEY REALTY DELTA COUNTY LLC

Investment Insights

Based on property information with market context.

Built in 1890, this 9,400-square-foot mixed-use property combines commercial and ancillary spaces within a historic downtown building. The main level features hardwood flooring, high ceilings, broad open areas, artwork, and bay windows that provide clear views into the interior. One portion of the main floor is occupied by a local business under lease.

Two large garage spaces are located at the rear, while the building also includes an expansive basement. A makeshift living area with a full bathroom adds another functional component to the property. The building is located at 815 Ludington St in Escanaba, Michigan.

Key Highlights

  • 9,400 SF mixed‑use building constructed in 1890
  • Main floor includes an existing leased local business
  • Hardwood floors, tall ceilings, open areas, artwork, and bay windows

Property Analytics

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Current Use

906 Plug and Play (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store Furniture & Home Goods Barber Shop Electrical Service Plumbing Service Hair Salon

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

548
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use property with open main-floor areas, an existing leased business, rear garage spaces, and a full-bath living area.
Where is this mixed-use property located?
The property is located at 815 LUDINGTON ST Escanaba, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 9,400 SF mixed‑use building constructed in 1890; Main floor includes an existing leased local business; Hardwood floors, tall ceilings, open areas, artwork, and bay windows
More about this property
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