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1302 S Madison Street Ludington, MI $ 299,900
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$ 299,900 Get more info
1302 S Madison Street
$ 299,900
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Share Save

1302 S Madison Street

Ludington, MI, 49431
$ 299,900
Bedrooms-- Baths2.0

Monthly Estimate*

$ 1,871

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1302 S Madison Street, Ludington, MI 49431 - Image 13
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Commercial Property for sale in Ludington, MI

for $299,900 with 2 full baths. This building was built in 1977 on a lot size of 0.83.

Own a Piece of Ludington History! Welcome to one of Ludington's oldest and most beloved taverns, ideally located in the quaint 4th Ward neighborhood—just blocks from Pere Marquette Lake. This iconic establishment has served the neighborhood since 1911. The building was completely rebuilt after a fire in 1977 and now features a spacious layout perfect for live entertainment, dancing, and outdoor seating, with room to expand kitchen capabilities for enhanced food service and a basement for lots of storage. The sale includes the real estate, Class C liquor license, equipment, and furnishings—everything you need to hit the ground running. It is a rare opportunity to own a turn-key neighborhood hotspot with deep roots in the community. Seller will consider land contract terms with a substantial down payment. Buyer and buyer's agent to verify all information.

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Commercial Active

Price

$ 299,900

Full Bath

2

Property Type

Commercial

Taxes

$ 2,613

Style

Business

Lot Size

0.83

Year Built

1977

Town/City

Ludington

County/Region

Mason

MLS | Web ID

25025072
Features
General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Construction Materials Wood Siding Brick
Year Built 1977
Township Ludington
Property Subtype Business
Tax Year 2024
Business Type Restaurant Bar/Tavern/Lounge
County Mason
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Active
Directions Ludington Avenue To Madison South To Property
City Ludington
High School District Ludington
Number Of Units Total 1
MLS Area MasonOceanaManistee - O
Lot Size Units Acres
Lot Size Square Feet 35981.0
Listing Terms Conventional Contract Cash
Land Lease Y/N N
Tax Annual Amount 2613.0
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/25025072
Standard Status Active
Tax Assessed Value 45439
Ownership Type LLC
Legal Description ADDITION NO. 2 N 60 FT OF LOT 1 BLOCK 116.
Senior Community None
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Exterior
Inclusions Real Estate Licenses Furniture Equipment
Lot Size Area 0.83
Foundation Details Block
Number of Buildings 1
Spa N
Building Area Total 1992.0
Lot Dimensions 60 x 60
Lot Size Acres 0.83
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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Internal Only
Street Number 1 1302
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* Excluded Features
List By
Nexes Realty Muskegon

Broker

erics@nexesrealty.com

Email

Affordability Calculator

$2,089
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,871
Monthly Property Taxes
$218
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
5/29/2025$299,900 Listed Price

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1302 S Madison Street, Ludington, MI, 49431 is a Commercial Property for sale at $299,900 with a lot size of 0.83. 1302 S Madison Street has 2.0 baths and was built in 1977. The property's zip code is 49431 which is in Ludington, MI

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