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411 S James Street Ludington, MI $ 125,000
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$ 125,000 Get more info
411 S James Street
$ 125,000
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411 S James Street

Ludington, MI, 49431
$ 125,000
Bedrooms-- Baths1.0

Monthly Estimate*

$ 780

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

Commercial Property for sale in Ludington, MI

for $125,000 with 1 full bath. This building was built in 1910 on a lot size of 0.11.

PRIME LOCATION FOR THE DEVELOPMENT OF A COMBINED RESIDENTIAL/COMMERCIAL PROJECT IN DOWNTOWN LUDINGTON- The building is NOT salvageable, but the land it sits on is potentially ideal for the mixed use project of your choice. Funds for the demolition and removal of the building, as well as remediation of the soil beneath it, are available through EGLE(formerly DEQ) and the State of Michigan. Buyers would be responsible for paying upfront for a BEA(baseline environmental assessment) and the presentation of a development plan to qualify for state funding. The City of Ludington, EGLE and EPA are all highly motivated to work with qualified candidates to redevelop this prime location in downtown Ludington. Information regarding brownfield funding available through the link provided in AGENT REMAR

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Commercial Active

Price

$ 125,000

Full Bath

1

Property Type

Commercial

Taxes

$ 1,432

Style

Retail

Lot Size

0.11

Year Built

1910

Town/City

Ludington

County/Region

Mason

MLS | Web ID

25005618
Features
Interior
Interior Amenities Broadband
Total Stories 2
Basement (Y/N) N
Heating Y/N Y
Total Baths 1
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General
Heating Hot Water
Utilities Cable Available Phone Connected Natural Gas Connected Electricity Connected
Roof Rubber
Construction Materials Stucco Vinyl Siding Brick
Year Built 1910
Township Ludington
Property Subtype Retail
Tax Year 2024
Business Type Other Professional/Office Professional Service Storage Retail
County Mason
New Construction N
Property Type Commercial Sale
Full Baths 1
Status Active
Directions Ludington Ave. to James St. South on James St.
City Ludington
High School District Ludington
Zoning Description MC 201 C Impr.
Number Of Units Total 1
MLS Area MasonOceanaManistee - O
Lot Size Units Acres
Lot Size Square Feet 4820.0
Listing Terms Cash
Land Lease Y/N N
Tax Annual Amount 1432.0
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
Standard Status Active
Tax Assessed Value 23440
Ownership Type LLC
Legal Description ORIGINAL PLAT S 70 FT OF W 50 FT OF LOT 4 & S 46 FT OF LOT 5 BLOCK 60 SUBJECT TO EASEMENTS OF RECORD
Senior Community None
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Exterior
Inclusions Real Estate
Lot Size Area 0.11
Foundation Details Block
Number of Buildings 1
Spa N
Building Area Total 4820.0
Lot Dimensions 46 x 110 Irregular
Lot Size Acres 0.11
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 411
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* Excluded Features
List By
Lighthouse Realty-Ludington

Broker

3pearls4me@gmail.com

Email

Affordability Calculator

$899
Per Month
87%
13%
0%
Monthly Principal & Interest
$780
Monthly Property Taxes
$119
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
251574 Elementary School
251186 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/14/2025$125,000 Listed Price

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411 S James Street, Ludington, MI, 49431 is a Commercial Property for sale at $125,000 with a lot size of 0.11. 411 S James Street has 1.0 baths and was built in 1910. The property's zip code is 49431 which is in Ludington, MI

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