203 S James Street Ludington, MI ^$ 379,900

203 S James Street

^$ 379,900

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203 S James Street

Ludington, MI, 49431

^$ 379,900

Studio Baths2.0

Monthly Estimate*

^$ 2,654

203 S James Street, Ludington, MI 49431 - Image 1

203 S James Street, Ludington, MI 49431 - Image 2

203 S James Street, Ludington, MI 49431 - Image 3

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203 S James Street, Ludington, MI 49431 - Image 8

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203 S James Street, Ludington, MI 49431 - Image 10

203 S James Street, Ludington, MI 49431 - Image 11

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Studio

Commercial Property for sale in Ludington, MI

for $379,900 with 2 full baths. This building was built in 1940 on a lot size of 0.07.

Here is your chance to own your own business! Popular local bar with loyal clientele along with great tourist business. Quaint shotgun style layout that opens up to a larger room with stage for entertainment. Outdoor seating in front of bar on sidewalk. Set up for limited food service. Great location in the heart of downtown Ludington for pedestrian traffic and lots of free street parking. Seller may consider seller financing with 30% down. Buyer to verify all information.

Commercial Pending

Price

^$ 379,900

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 2,332

Style

Retail/Commercial

Lot Size

0.07

Year Built

1940

Town/City

Ludington

County/Region

Mason

MLS | Web ID

23022770

Features

General

Sewer Public Sewer

Cooling Central Air

Utilities Public Water Available Public Sewer Available Natural Gas Connected Electric Connected Cable Connected

Roof Rubber Concrete

Construction Materials Concrete

Year Built 1940

Property SubType Retail/Commercial

Tax Year 2023

Business Type Restaurant Bar/Tavern/Lounge

Business Name Sand Bar

County Mason

New Construction N

Property Type Commercial Sale

Status Pending

Directions US-31 to Ludington Exit West to James St South to property.

City Ludington

High School District Ludington

Zoning Description MC

Total Units 1

MLS Area MasonOceanaManistee - O

Lot Size Square Feet 3093.0

Waterfront Y/N N

Street Name James

Land Lease Y/N N

Tax Annual Amount 2332.0

Lease Renewal Y/N N

MLS Area Minor MasonOceanaManistee - O

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/23022770

Days on Market 138

Standard Status Pending

Tax Assessed Value 40078

Ownership Type Proprietorship

Legal Description ORGINAL PLAT BEG 22.4 T S O FNW COR SEE ATTACHED.

Senior Community None

Interior

Basement Partial

Total Fireplaces 1

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Full Baths 2

Street Suffix Street

Electric On Property Y/N N

Total Baths 2

Exterior

Water Source Public

Inclusions {u'Licenses': True u'Equipment': True u'Real Estate': True u'Inventory': True u'Furniture': True}

Lot Size Area 0.07

Number of Buildings 1

Spa N

Building Area Total 1959.0

Lot Dimensions 12 x 60

Lot Size Acres 0.07

Road Surface Type Paved

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 203

* Excluded Features

List By

Nexes Realty Muskegon

Broker

erics@nexesrealty.com

Affordability Calculator

$2,848

Per Month

Monthly Principal & Interest: $2,654
Monthly Property Taxes: $194
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ludington, MI

Average List Price ^$685,082

Percent of Sale Price 80%

About Ludington, MI

8,282 Population

0% Since 2002

^$36,498 Median Income

41.21 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

251574 Elementary School

251186 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/29/2023	$379,900		Listed Price

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203 S James Street, Ludington, MI, 49431 is a Commercial Property for sale at $379,900 with a lot size of 0.07. 203 S James Street is a studio with 2.0 baths and was built in 1940. The property's zip code is 49431 which is in Ludington, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 5/1/2024.

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203 S James Street

Commercial Property for sale in Ludington, MI

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