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510 Lake Street

Ludington, MI 49431
  • $2,400,000
  • STATUS: Active Under Contract
  • ON SITE: 249 Days
  • MLS #: 22030991
Under Contract
UPDATED: 36 min ago
$2,400,000
  • 0
    BEDS
  • 4.5
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 52,000
    SQFT
  • $46
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1924
County:
Area:

School Ratings & Info

School District:

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. 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!

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© 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2023-03-29T13:01:10.893.
www.c21choward.com/homes/131157897
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510 Lake Street Ludington, MI 49431

  • Price: $2,400,000
  • Status: Active Under Contract
  • On Site: 249 Days
  • Updated: 36 min ago
  • MLS #: 22030991
0
Beds
4
Baths
0
½ Baths
4.5
Acres
52,000
SQFT
$46
$/SQFT
1924
Built
Neighborhood:
Ludington
County:
Mason
Area:
Ludington
School District:
Ludington
Property 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. 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!
Exterior Features

Body Of Water Pere Marquette Lake Construction Type Other Finished Building Levels 1.00 Lot Dimensions 502 X 735 Irregular Number Of Buildings 5.00 Road Frontage 502.00 Street Type PavedPublic Water Access Yes Water Features All SportsDockPrivate FrontageView Water Frontage 750.00 Water Type Lake Waterfront Yes

Interior Features

Heat Source Natural Gas Heat Type None

Property Features

Annual Property Tax 16426.84 Association Mason Oceana Manistee Association Of Realtors Auction Or For Sale For Sale Business Includes OtherReal Estate Commercial Type Business Opportunity Current Use Commercial/Light Manufacturing Homestead Percentage 0.00 Mineral Rights Unknown New Construction No Ownership Other Possession Close Of Escrow Sale Conditions None Sewer Public Tax Year 2021 Terms Available CashOther Uses Other Util Avl At Street CableElectricNatural GasPublic SewerPublic WaterStorm SewerTelephone Utilities Attached ElectricNatural GasTelephone Water Public Zoning Waterfront Dist

Listing provided courtesy of Debby Stevenson of Greenridge Realty S Rath: . © 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2023 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2023-03-29T13:01:10.893.
 
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