510 Lake Street, Ludington, MI 49431

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For Sale

$2,400,000

510 Lake Street
Ludington, MI 49431

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52,000 sqft

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Call Debby Stevenson - 231*510*5727 for your private tour. 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! Buyer to verify all info. Call Debby Stevenson - 231*510*5727 for your private tour. Visit www.*DebStevenson*.com Read More

Market Status: Sale Pending
Last Updated: June 5, 2023
Property Type: Commercial Property
Architecture: Waterfront
Year Built: 1924

Heating Fuel: None; Natural Gas
Parking: 0 spaces
Taxes: 16426.84 (2021)
Property Type: Commercial; Business Opportunity
Waterfront: -

Local Market Conditions

There are currently 31 properties for sale in the Ludington, MI area with the average listing price of $357,762. This represents an increase of +3.9% over the previous week. The 4 bedroom homes saw the largest increase in the average listing price over the previous week with a +29.4% increase. To learn more about the Ludington, MI area, contact a local expert!

Market Snapshot for Ludington, MI

Avg. Listing Price

$357,762

$+13,344

+3.9%

Homes For Sale

Land

Commercial

Waterfront

Farms

Condos

Average Listing Price for Ludington, MI
No. BedroomsNo. Beds	Week Ending (May 27)	w-o-w	Week Ending (May 20)	Week Ending (May 13)	Week Ending (May 6)
All PropertiesAll	$357,762	+3.9%	$344,418	$349,140	$374,429
1 bedroom1 BR	$599,900	+0.0%	-	-	-
2 bedrooms2 BR	$240,700	-1.0%	$243,200	$236,117	$239,675
3 bedrooms3 BR	$279,000	+3.0%	$271,000	$251,570	$262,900
4 bedrooms4 BR	$390,267	+29.4%	$301,560	$317,360	$318,360

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Listing Provided By:

Debby Stevenson

Greenridge Realty S Rath

This $2,400,000 Commercial Property at 510 Lake Street in Ludington, MI is presented by Debby Stevenson. This $2,400,000 Commercial Property, located in the 49431 zip code, has the following property features: Property Type, Parking, Heating Fuel, Taxes. This 510 Lake Street Commercial Property is listed under MLS listing number 22030991 and has a listing price of $2,400,000. You can find more Ludington homes for sale here.

Copyright © 2023 Mason-Oceana Manistee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

More Information for this listing

$2,400,000

510 Lake Street
Ludington, MI 49431

510 Lake Street
Ludington, MI 49431

Local Market Conditions

Market Snapshot for Ludington, MI

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$2,400,000 510 Lake Street Ludington, MI 49431

510 Lake Street Ludington, MI 49431

Local Market Conditions

Market Snapshot for Ludington, MI

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Waterfront Properties for Sale

Land for Sale

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$2,400,000

510 Lake Street
Ludington, MI 49431

510 Lake Street
Ludington, MI 49431