Waterfront District Investment
509 Lake Street Ludington, MI 49431
For Sale
$434,900
Investment property in Ludington's waterfront district with multiple possibilities.
Property Size85,813 SF
Lot Size1.97 Acres
Price / SF$5.07
Days on Market1636
Property Features for 509 Lake Street
General Information
Standard status
Active
Size
85,813 SF
Lot size
1.97 Acres
Property subtype
Commercial/Industrial
Listing Agency:
Greenridge Realty S Rath
(231) 690-1587
Listed By:
Mary Jo Pung · License #6502373040
(231) 690-1587
Source:
Exitrealty
Added: Feb 2, 2022
Changed: Jul 10
Last Checked: Jul 26 at 9:17AM
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.
This property offers an investment opportunity overlooking PM Lake and potentially Lake Michigan, situated in the heart of Ludington's waterfront district. The parcel's location near marinas, fishing boat charters, and the Boat Club enhances its appeal. Permitted uses for the property include multi-family residences, various types of businesses, professional offices, museums, and banks. The property's size is 85813 square feet, providing room to build condos or apartments. Located in an Opportunity Zone, the property may offer tax incentives for investors.
Key Highlights
- Overlooks PM Lake and possibly Lake MI, offering desirable waterfront views.
- Located in the heart of Ludington's waterfront district, near marinas and boat charters.
- Zoned for multi‑family residences, various businesses, and professional offices, providing versatile development options.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Investment property in Ludington's waterfront district with multiple possibilities.
Where is this commercial land located?
The property is located at 509 Lake Street Ludington, MI.
What is the asking price?
The asking price for this property is $434,900.
What are key features of this property?
This property features: Overlooks PM Lake and possibly Lake MI, offering desirable waterfront views.; Located in the heart of Ludington's waterfront district, near marinas and boat charters.; Zoned for multi‑family residences, various businesses, and professional offices, providing versatile development options.
