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    904 1St St Ludington, MI 49431

    Sponsored
    For Sale
    $395,000

    6,520 sq ft Manufacturing Building

    Property size:
    6,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This 6,520-square-foot industrial building in Ludington, Michigan, is situated on a 25,613-square-foot corner lot conveniently located west of PM Highway. Built in 1980, this single-story structure features two showrooms, a separate office, and two bathrooms (one converted to a kitchen area). The property also includes two shops: one equipped for countertop fabrication (granite, quartz, etc.) and another for woodworking. The building boasts 225-amp, 3-phase electric service, efficient furnace systems, and air conditioning in the showroom/office area. Additional features include two 16x11 doors, a waterproofed area for wet-cut machinery, and in-floor radiant heat in the woodworking shop. The property is zoned M2. The asking price is $395,000 ($60.58/sq ft). The seller is removing all trade-related equipment, but may consider selling the business separately. The property is available for occupancy on April 23, 2024. The APN is 53-051-490-016-00. There is no signage on the property.

    Property Features for 904 1St St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    6,520 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    HighLights

    • 6,520 SF commercial building.
    • Corner lot on PM Highway in Ludington.
    • Two showroom spaces.
    • Separate office suite.
    • Two shops: one for countertop fabrication, one woodworking shop.
    • Seller removing trade‑specific equipment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Surface Expressions Countertop Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ludington
    County
    Mason
    State
    Michigan
    Longitude
    -86.4336921
    Latitude
    43.9473188

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    FAQs

    What type of property is this?
    Manufacturing property - 6,520 sq ft Manufacturing Building
    Where is this manufacturing property located?
    The property is located at 904 1St St Ludington, MI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 6,520 SF commercial building.; Corner lot on PM Highway in Ludington.; Two showroom spaces.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    904 1St St Ludington, MI 49431
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