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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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121125 121 & 125 S James St , Ludington, MI 49431
$849,000
Est. Payment: $1,886.67/mo
0 Bed
7 Bath
8208 Sqft
Status: Active | Days on site: 136
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House Description

DOWNTOWN LUDINGTON - Turnkey, high-visibility restaurant and investment opportunity in the heart of downtown Ludington! The Blu Moon is being offered as two distinct businesses: the established restaurant/bar operation and the Blu Moon Properties, which includes the real estate and income-producing rental units. Situated on two parcels (121 & 125 S. James St), this eclectic, vibrant property is full of charm and character, offering a one-of-a-kind atmosphere that has made it a local favorite. The sale includes the Blu Moon business name, phone number, established book of business, Class C liquor license, and all furniture, fixtures, and equipment--making this a truly turnkey opportunity for restaurateurs or investors looking to step into a fully operational venue. The restaurant features multiple service areas, including a standout rooftop patio complete with wet bar, kitchen space, restrooms, and a mix of open-air and covered seating, creating a unique guest experience and additional revenue potential. The lower level offers roll-up garage door access that opens directly to an outdoor patio along James Street, ideal for seasonal service or private events. Beyond the restaurant, the property includes one 2-bedroom and two 1-bedroom rental apartments of varying sizes, providing steady supplemental income. The building sits on a full, dry basement with potential for additional usable or storage space. With its fun, artistic vibe, strong local following, and multiple income streams, Blu Moon presents a rare opportunity to own a dynamic, income-producing property in a prime downtown location. Buyer to verify all information.

Highlights

Listed by Debby Stevenson , 231-510-5727 Greenridge Realty S Rath , 231-843-6868.

Property Type

Commercial Sale

Lot/Acreage
0.11

Year Built

1900

County

Mason

School District

Ludington

Listing ID

26016341

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:7
  • Full Bathrooms:7
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Broadband

Exterior Features

Roof:Rubber
Principal Interest
$1,887
Taxes
$802

Home Price

$849,000

Loan Details

30 yrs
%

Down Payment

20%
$169,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,886.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,886.67 $802.47 $0.00 $2,689.14
Yearly $22,640.00 $9,629.68 $0.00 $32,269.68
Total $679,200.00 $288,890.40 $0.00 $968,090.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ludington, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.