510 Lake Street, Ludington, MI 49431 (MLS # 22030991)

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PRICE $2,400,000 dsIDX morgage calculator
SIZE 52,000 sqft
LOT SIZE 4.50 ac

City of Ludington - Development and/or Business opportunity - Approx 4.5+ acres on the shore of Pere Marquette Lake, which is also the Lake Michigan port in the harbor town of Ludington, MI. Approx 735ft of water frontage & 502 ft of road frontage. This legacy property, known as Thompson Marina, is an operating business with 35 slips. Another piece of the legacy is the 50,000 sq ft, 2 story manufacturing building that once produced products for the printing industry. Looking to create something new for the future? Prime development property for condo community or REHAB the old building and create new living spaces. Options to demo everything and start fresh, or work with what is onsite and convert a legacy into luxurious living w/a refurbished marina & waterfront. NOW is the time!

DAYS ON MARKET 644 LAST UPDATED 11/6/2023
YEAR BUILT 1924 COMMUNITY MasonOceanaManistee - O
COUNTY Mason STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA MasonOceanaManistee - O
BUYER'S BROKERAGE COMPENSATION 1.75
EXTERIOR Dock
FIREPLACE Yes
LOT 4.5 acre(s)
LOT DESCRIPTION Waterfront
LOT DIMENSIONS 502 x 735 Irregular
SEWER Public Sewer
STORIES 1
TAXES 16426.84
UTILITIES Natural Gas Available, Phone Available, Cable Available, Phone Connected, Natural Gas Connected
WATER Public
WATER ACCESS Pere Marquette Lake
WATERFRONT Yes
ZONING Waterfront Dist
MORTGAGE CALCULATOR
   

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Listing provided by Greenridge Realty S Rath, Debby Stevenson

Copyright 2024 MichRIC, LLC. All rights reserved.

Updated 4/25/24 9:08 PM PDT

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