509 Lake Street Ludington, MI 49431

1.97 Acres Lot

UPDATED:

07/03/2024 04:31 PM

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

Pool No

Waterfront no

Schools

School District Ludington

Others

Tax ID 5305159004001

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional

Listed by Greenridge Realty S Rath

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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