509 Lake Street, Ludington, MI 49431 (MLS # 22003093)
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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 | 1,059 | LAST UPDATED | 1/6/2024 |
|---|---|---|---|
| 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 - Today | $362,000 |
| 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 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Greenridge Realty S Rath, Mary Jo Pung
Copyright 2024 MichRIC, LLC. All rights reserved.
Updated 12/26/24 4:25 AM PST
Information Deemed Reliable But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2024.