Mixed-Use Property with Rooftop
For Sale
$899,000
S 121 & 125 S James Street Unit SourceFi, Ludington, MI 49431
Includes an operating restaurant and bar, rental units, furniture, fixtures, equipment, and a Class C liquor license.
Property Size8,208 SF
Price / SF$109.53
Days on Market140
Property Features for S 121 & 125 S James Street Unit SourceFi
General Information
Standard status
Active
Size
8,208 SF
Property subtype
Business Opportunities
Amenities
3
Rubber
45110
Building Details
Year Built
1900
Listing Agency:
Greenridge Realty S Rath
(231) 510-5727
Listed By:
Debby Stevenson · License #6502347161
(231) 510-5727
Source:
Xome
Added: Apr 14
Changed: Aug 31
Last Checked: Aug 31 at 2:20AM
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 8,208-square-foot mixed-use property combines an established restaurant and bar with income-producing rental units across two parcels at 121 and 125 S. James Street in downtown Ludington. Built in 1900, the property includes the Blu Moon business name, phone number, established book of business, furniture, fixtures, and equipment.
The restaurant has several service areas and a rooftop patio equipped with a wet bar, kitchen space, restrooms, and both open-air and covered seating. The offering also includes a Class C liquor license, providing a broad operating package for the existing restaurant and bar use.
The restaurant has several service areas and a rooftop patio equipped with a wet bar, kitchen space, restrooms, and both open-air and covered seating. The offering also includes a Class C liquor license, providing a broad operating package for the existing restaurant and bar use.
Key Highlights
- 8,208‑square‑foot mixed‑use property across two parcels
- Restaurant and bar operation with income‑producing rental units
- Rooftop patio with wet bar, kitchen space, restrooms, and open‑air and covered seating
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
Explore this area
Business Placement
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes an operating restaurant and bar, rental units, furniture, fixtures, equipment, and a Class C liquor license.
Where is this mixed-use property located?
The property is located at S 121 & 125 S James Street Unit SourceFi Ludington, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 8,208‑square‑foot mixed‑use property across two parcels; Restaurant and bar operation with income‑producing rental units; Rooftop patio with wet bar, kitchen space, restrooms, and open‑air and covered seating
