$295,200

509 Lake Street

Ludington MI, 49431

Description

Opportunity Zone! Invest in this commercial property overlooking Pere Marquette Lake in fabulous Ludington. Many possibilities for this property, including multi-family housing. Zoning would allow for 25-43 housing units. Other possibilities include professional offices, banks, gov't facilities, boat clubs, and many other possible uses. Ludington is on the rise with a lot of development in the area, and especially near the waterfront. Your project could have a view of PM Lake and Lake Michigan. This property is just north of the local Boat Club, close to the Yacht Club and very close to other marinas, as well as charter boats, condos, the future Splash Pad, the Badger and more. Listing includes 2 parcels (509 Lake and 202 Laura)- can be sold separately. Call for more details

Details

MLS#19057758
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site356

Features

ZoningWaterfront
Acreage1.97
Loading Form
Loading Form
Area Information
StateMI
CountyMason
CityLudington
Zip Code49431
AreaMasonOceanaManistee - O
Listing VS Median (in 49431)
Price:
$295,200
low | high
Med:
$159,250
96.05352303523% of Average
On Site:
356
low | high
Med:
461.5
77.139761646804% of Average
Listing Updated: December 1, 2020 8:11:47 PM PST
Mary Jo Pung LogoMLS Number: 19057758
Listing Provided By:
Mary Jo Pung  of  Greenridge Realty S Rath
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.