About This Home

This 0-bedroom, 0-bathroom commercial at 509 Lake Street in Ludington, MI is listed for $434,900. on a 1.97 acres lot.

Key Features

  • 1.97 acre lot
  • Waterfront

Amenities

Waterfront
Listing 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.

Monthly Cost Estimate

$2,326/mo

20% down · 6.5% · 30 years

Principal$315
Interest$1,885
Insurance$127

Estimates only. Actual payments may vary.

Location

509 Lake Street

Ludington, MI 49431

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 509 Lake Street is listed at $434,900. The estimated monthly payment is $2,326 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.97 acre lot, Waterfront.

This property is listed by Mary Jo Pung and can be reached at 2316901587.

MP

Mary Jo Pung

Agent at Greenridge Realty S Rath

(231) 690-1587

Listed by Greenridge Realty S Rath · View on Broker Site

MLS# 22003093· Source: listhub· 1614 days on market

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509 Lake Street, Ludington, MI 49431

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