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Jim Blehm

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

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510 Lake St , Ludington, MI 49431
$2,200,000
Est. Payment: $4,888.89/mo
0 Bed
4 Bath
52000 Sqft
Status: Active | Days on site: 1344
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om576 - mdjstev
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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. 35 boat slips in the marina. Looking to create something new for the future? Prime development property for condo community or REHAB the old building and create new living spaces. The 50,000sq ft building has collapsed on the East end and the structure will need to be removed. Don't miss this opportunity to convert a legacy property into your vision for the future.
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Highlights

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

Property Type

Commercial Sale
Lot/Acreage
4.5

Year Built

1924

County

Mason

Area

MasonOceanaManistee - O

 School District

Ludington

Listing ID

22030991

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4

Exterior Features

Lot:Lake,Waterfront
Principal Interest
$4,889
Taxes
$1,580

Home Price

$2,200,000

Loan Details

30 yrs
%

Down Payment

20%
$440,000
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:
$4,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,888.89 $1,579.89 $0.00 $6,468.78
Yearly $58,666.67 $18,958.68 $0.00 $77,625.35
Total $1,760,000.00 $568,760.40 $0.00 $2,328,760.40

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.