$ 362,000
509 Lake Street Ludington, MI 49431
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$ 362,000
Est. payment | /mo
1.97 Acres Lot
$ 362,000
Est. payment | /mo
1.97 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 67022003093
Originating Board Mason Oceana Manistee Board of REALTORS®
Annual Tax Amount $2,773
Lot Size 1.970 Acres
Acres 1.97
Lot Dimensions 860x100
Property Description
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. Current use is Commercial.
Location
State MI
County Mason
Area Ludington
Zoning Other
Direction From Washington St, go west just north of the bridge (Lake St -but not well marked) or From Dowland, south on delia to property
Exterior
Waterfront no
Schools
School District Ludington
Others
Tax ID 5305159004001
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
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Listed by Mary Jo Pung of Greenridge Realty S Rath