About This Home

This 0-bedroom, 3-bathroom commercial at 205 & 215 N Jebavy Drive in Ludington, MI is listed for $495,000 ($124 per sqft). Built in 1989, the home offers 3,980 sqft of living space on a 2.87 acres lot.

Key Features

  • Built in 1989
  • 2.87 acre lot
  • 13 parking spaces

Property Details

3 full
13 spaces
1989

Amenities

A/C
Listing Description

COMMERCIAL BUILDING - This three-unit, 3,980 SQFT building is currently fully rented by a single tenant and is in excellent condition. Situated on a 2.8A lot with 188' of frontage on a high-traffic main road, the site offers ample paved parking spaces in the front & plenty of additional space in the back for parking/storage/expansion.

The site includes a 22' x 24' garage near the road, currently used for storage & ample room for future development with a large open area to the north and wooded buffer area to the south. Price per SQFT of building including the lot & parking is well below new construction costs. As a landlord, this could be a good choice for a passive income. Call today to discuss your plans

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

205 & 215 N Jebavy Drive

Ludington, MI 49431

Features & Amenities

Interior Features

Broadband

Property Details

Construction

Metal Siding

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 3-bathroom commercial at 205 & 215 N Jebavy Drive is listed at $495,000 ($124/sqft). The estimated monthly payment is $2,647 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1989, 2.87 acre lot, 13 parking spaces. Interior Features: Broadband.

This property is listed by Bob Budreau.

BB

Bob Budreau

Agent at GREENRIDGE Realty-Ludington

Listed by GREENRIDGE Realty-Ludington · Broker phone: 231-843-6868 · View on Broker Site

MLS# 26057770· Source: Michigan Regional Information Center, LLC.· 1 day on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

205 & 215 N Jebavy Drive, Ludington, MI 49431

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