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Jim Blehm

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

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205215 205 & 215 N Jebavy Dr , Ludington, MI 49431
$495,000
Est. Payment: $1,100.00/mo
3 Bath
3980 Sqft
2.87 Acres
Status: active | Days on site: 2
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Agent profile image
Jim Blehm
Team Owner, Realtor®

House Description

COMMERCIAL BUILDING - This three-unit, 3,980 SQFT building is currently fully rented by a single tenant and is in excellent condition. Situated on a 2.8A lot with 188' of frontage on a high-traffic main road, the site offers ample paved parking spaces in the front & plenty of additional space in the back for parking/storage/expansion. The site includes a 22' x 24' garage near the road, currently used for storage & ample room for future development with a large open area to the north and wooded buffer area to the south. Price per SQFT of building including the lot & parking is well below new construction costs. As a landlord, this could be a good choice for a passive income. Call today to discuss your plans

Highlights

Listed by Bob Budreau , 231-690-8127 GREENRIDGE Realty Ludington , 231-843-6868. MichRIC

Property Type

Commercial Sale

Lot/Acreage
2.87

Year Built

1989

County

Mason

School District

Ludington

Listing ID

26057770

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Broadband

Exterior Features

Garage Capacity:13
Roof:Composition
Principal Interest
$1,100
Taxes
$369

Home Price

$495,000

Loan Details

30 yrs
0%

Down Payment

20%
$99,000
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:
$1,100.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,100.00 $369.42 $0.00 $1,469.42
Yearly $13,200.00 $4,433.00 $0.00 $17,633.00
Total $396,000.00 $132,990.00 $0.00 $528,990.00
Lender profile image
Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-01T12:20:57.000Z

© 2026 MichRIC