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Ludington,MI 49431
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $135
Municipality Pere Marquette Twp
MLS Listing ID 25029686
Full Baths 6
Year Built 1990
Annual Tax Amount $5,912
Tax Year 2025
Lot Size 2.440 Acres
Acres 2.44
Lot Dimensions 98.3x664.64x210.23x434.2x95.4x33.61x176.43
Property Sub-Type Office
Property Description
THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.
Location
State MI
County Mason
Area Masonoceanamanistee - O
Direction From US-10: N on Jebavy. Property on the left just after Rehab Center & before Vet Clinic.
Interior
Interior Features Broadband
Heating Forced Air
Cooling Central Air
Inclusions Other, Real Estate
Exterior
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Storm Sewer
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 49
Building
Foundation Slab
Structure Type Vinyl Siding,Brick
New Construction No
Schools
School District Ludington
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash