501 3Rd St Ludington, MI 49431
- Specialty properties
- 13,355 SF
- 0.96 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 501 3Rd St
- Year built
- 1955
- Lot size
- 0.96 lot acres
- Property size
- 13,355 SF
- Property type
- Specialty properties
- Property subtype
- Churches & religious facilities
Description
This exceptional commercial property, located at 501-509 Third Street in Ludington, Michigan, presents a unique investment opportunity. The complex comprises three buildings totaling 13,355 square feet on a 0.96-acre lot with frontage on three streets. The main church building, constructed in 1955, offers 8,730 square feet of space, including a 625-square-foot garage, and has seating for 300 people. A notable feature is the remaining Rogers brand organ. A newer boiler system, installed in 1986, ensures efficient heating. Additionally, a 4,000-square-foot hall, built in 1980, provides ample space with seating for 425. This hall complements the main church building, offering versatile usage potential. The property includes 60 parking spaces, adding significant convenience. The entire complex is in excellent condition, presenting a turnkey opportunity for various uses. The property's APN is 051-418-006-00. The asking price is $390,000, with a price per square foot of $29.20. This property is zoned as Office and Special Purpose.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ludington
- County
- Mason
- State
- Michigan
- Longitude
- -86.4336
- Latitude
- 43.9446