Commercial Rentals in Ludington,
Ludington, MI 49431, Ludington, MI 49431
COMMERCIAL - Ludington, MI
Type:Office
Property size:
7,200 SFLot size:
2.44 AcresPrice / SF:
$135/SF- Added:
- Jun 19, 2025
- Days on Market:
- 337
- Last Refresh:
- May 21 at 8:06 pm
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 6
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 4, Bathroom 6
- Parking
- 49
- Interior features
- Broadband
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 2.44 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SECTION 14, T18N, R18W. A PARCEL OF LAND IN THE NORTHEAST 1/4 OF SECTION 14, TOWN 18 NORTH, RANGE 18 WEST, PERE MARQUET
- Tax Annual Amount
- 5912
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1990
- Number of units
- 4
- Building materials
- Vinyl Siding, Brick
- Roof type
- Composition
Listing agent Bob Budreau License #6502356674 (231) 690-8127
Listing office GREENRIDGE Realty Ludington 5492 W US 10, Ludington, MI (231) 843-6868
Listing date Jun 19, 2025
MLS# 25029686
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HighLights
- Three fully rented commercial units, each 2,400 SF, providing immediate rental income.
- Ample parking space and potential for future expansion with room to build more units.
- High occupancy percentage with minimal downtime between tenants, indicating stable income.
- Price of $135/SQFT, including the lot and paved parking, is significantly below new construction costs.
- Excellent condition of all units, minimizing potential maintenance expenses.
- Property includes a 2.4A lot with paved parking.
Overview
The property features three 2,400-square-foot commercial business rentals, each fully rented and in excellent condition. The plaza includes an abundance of parking spaces and room to build additional units if needed. The units have maintained a high occupancy percentage with minimal downtime between tenants. The property is situated on a 2.44-acre lot. The price per square foot of the building, including the lot and paved parking, is $135. This property, located in Ludington, Michigan, could be a suitable choice for passive income.
Location Intelligence
Current Use by Public Records
Office buildings
Map
- City
- Ludington
- County
- Mason
- State
- Michigan
- Longitude
- -86.4001
- Latitude
- 43.9737
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Three commercial rental units in excellent condition with ample parking.
Where is this office building located?
The property is located at Ludington, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Three fully rented commercial units, each 2,400 SF, providing immediate rental income.; Ample parking space and potential for future expansion with room to build more units.; High occupancy percentage with minimal downtime between tenants, indicating stable income.
