1011 N James Ludington, MI ^$ 999,999

1011 N James

^$ 999,999

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1011 N James

Ludington, MI, 49431

^$ 999,999

Studio Baths0.0

Monthly Estimate*

^$ 6,985

1011 N James, Ludington, MI 49431 - Image 1

1011 N James, Ludington, MI 49431 - Image 2

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1011 N James, Ludington, MI 49431 - Image 10

Studio

Commercial Property for sale in Ludington, MI

for $999,999. The lot size is 1.6.

LAND CONTRACT 3 payments/3yrs.9 platted city lots approved for limitless residential and commercial possibilities.Uses include selling individual lots, building 2 family homes per lot (with possibility or 3-4 family dwellings per lot) adult and family day care or apartment complex. Commercial zoning on N end of property has abundance of possibilities also. Just 7 short blocks to Lake Michigan and iconic Ludington Lighthouse, and beach.A short bike ride to beautiful Downtown Ludington, The Badger car ferry, and city marina. Possible Brownfield Development funds available.Buyer to verify zoning, taxes, property dimensions and all information.Licensed contractor has a guaranteed price of 125k to remove all buildings and level land. Includes tax ID 53-051-235-305-00,,313-00, Lots 2-7,8,13,14

Commercial Active

Price

^$ 999,999

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,996

Style

Business

Lot Size

1.6

Town/City

Ludington

County/Region

Mason

MLS | Web ID

70321398

Features

General

Heating None

Cooling None

Water Public Water Public Water at Street

Status Active Active

Year Built 0

County Mason

Class COM/IND/BUS OPP

Type Business

Municipality Ludington

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Gas Available Telephone

Area Ludington (53020)

Primary City Ludington

Directions Ludington Ave to Rath N to property

City Ludington

Street Name James

Financial Terms Cash Land Contract

Legal Description see fiile

DOM 285

Postal Code 49431

Coming Soon LAND CONTRACT 3 payments/3yrs.9 platted city lots approved for limitless residential and commercial possibilities.Uses include selling individual lots

Exterior

Frontage 0

Lot Size Area 1.6

Lot Dimensions irreg

Waterfront Y/N No

* Excluded Features

List By

Lois Mitzelfeld

Listing Agent

Lighthouse Realty-Ludington

Broker

lois@golighthouserealty.com

Affordability Calculator

$7,402

Per Month

Monthly Principal & Interest: $6,985
Monthly Property Taxes: $416
Monthly Home Insurance: --

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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 31%

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.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/27/2023	$999,999	-28.32%	Price Down
10/17/2023	$1,395,000	-6.69%	Price Down
7/13/2023	$1,495,000		Listed Price

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1011 N James, Ludington, MI, 49431 is a Commercial Property for sale at $999,999 with a lot size of 1.6. 1011 N James is a studio with 0.0 baths. 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.

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1011 N James

Commercial Property for sale in Ludington, MI

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