509 Lake Street, Ludington, MI 49431 (MLS # 22003093)

PRICE	$384,900
SIZE	n/a
LOT SIZE	1.97 ac

Fantastic opportunity to own investment property overlooking PM Lake and possibly Lake MI. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Nestled near marinas, fishing boat charters, and the Boat Club, this is a great time to make your entrepreneurial dreams come true. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. There is room to build condos or apartments. The property is in the Opportunity Zone, which could create tax incentives for an investor.

DAYS ON MARKET	1,094	LAST UPDATED	1/3/2025
YEAR BUILT	0	COMMUNITY	MasonOceanaManistee - O
COUNTY	Mason	STATUS	Active
PROPERTY TYPE(S)	Commercial

PRICE HISTORY
Prior to Aug 13, '22	$328,000
Aug 13, '22 - Jan 6, '24	$344,400
Jan 6, '24 - Jan 3, '25	$362,000
Jan 3, '25 - Today	$384,900

ADDITIONAL DETAILS
AREA	MasonOceanaManistee - O
LOT	1.97 acre(s)
LOT DESCRIPTION	Cleared
LOT DIMENSIONS	860x100
TAXES	2773.74
UTILITIES	None
WATERFRONT DESCRIPTION	Lake
ZONING	W

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Listing provided by Greenridge Realty S Rath, Mary Jo Pung

Updated 1/30/25 6:48 AM PST

Information Deemed Reliable But Not Guaranteed.

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