509 Lake Street Active Save Request In-Person Tour Request Virtual Tour
Ludington,MI 49431
Key Details
Property Type Commercial
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 22003093
Annual Tax Amount $2,773
Tax Year 2020
Lot Size 1.970 Acres
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.
Location
State MI
County Mason
Area Masonoceanamanistee - O
Exterior
Utilities Available None
Waterfront No
Waterfront Description Lake
View Y/N No
Building
Lot Description Buildable,Cleared
Schools
School District Ludington
Others
Acceptable Financing Cash,Conventional,Contract
Listing Terms Cash,Conventional,Contract