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$434,900
Active Contingent509 Lake Street
Ludington, MI 49431
1678
Days on Market
22003093
MLS#
Land
Structure
Residential
Zone
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.
Property Details
- Lot Features
- Buildable, Cleared
- Lot Description
- Buildable, Cleared
- Acres
- 0.0
- Lot Size (sqft)
- 1.97
- Property Type
- Purchase
- Utility Features
- Natural Gas Available, Electricity Available, Cable Available, None
- School District
- Ludington
- County
- Mason
- Region
- Ludington
- Original List Price
- $328,000
- Days on Market (Cumulative)
- 1678
- Taxes Annual
- $2,773
- MLS #
- 22003093
- Property Subtype
- Commercial Land
- Parcel Number
- 53-051-590-040-01
- MLS #
- 22003093
- Waterfront Features
- Lake
- Date Listed
- February 01, 2022
- Address
- 509 Lake Street
Location
Legal
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Provided By
Listed by Mary Jo Pung (#mmaryjo)
Listing Office: Greenridge Realty S Rath (#om576)