1302 S Madison Street Ludington, MI ^$ 299,900

1302 S Madison Street

^$ 299,900

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1302 S Madison Street

Ludington, MI, 49431

^$ 299,900

Bedrooms-- Baths-- Sq 1,992

Monthly Estimate*

^$ 1,871

1302 S Madison Street, Ludington, MI 49431 - Image 1

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1302 S Madison Street, Ludington, MI 49431 - Image 3

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1302 S Madison Street, Ludington, MI 49431 - Image 9

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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. This 1,992 square foot 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

Commercial Active

Price

^$ 299,900

Property Type

Commercial

Taxes

^$ 2,613

Style

Business

Lot Size

0.83

Year Built

1977

Town/City

Ludington

County/Region

Mason

MLS | Web ID

70471728

Features

General

Heating Forced Air

Status Active Active

Year Built 1977

County Mason

Class COM/IND/BUS OPP

Type Business

Ownership LLC

Municipality Ludington

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Furniture

Area Ludington (53020)

Primary City Ludington

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/25025072

Directions Ludington Avenue To Madison South To Property

City Ludington

Financial Terms Cash Conventional Land Contract

Legal Description ADDITION NO. 2 N 60 FT OF LOT 1 BLOCK 116.

DOM 188

Postal Code 49431

Price Per Sq Ft Total AG 150.55

Public Remarks Own a Piece of Ludington History!Welcome to one of Ludington's oldest and most beloved taverns

Exterior

Exterior Brick Frame Wood

Frontage 60

Lot Size Area 0.83

Lot Dimensions 60 x 60

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Eric Shedd

Listing Agent

Nexes Realty Muskegon

Broker

erics@nexesrealty.com

Affordability Calculator

$2,089

Per Month

Monthly Principal & Interest: $1,871
Monthly Property Taxes: $218
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Commerical listings in Ludington, MI

Average List Price ^$666,192

Percent of Sale Price 122%

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
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 1,992 sqft and a lot size of 0.83. 1302 S Madison Street was built in 1977. 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 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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1302 S Madison Street

Commercial Property for sale in Ludington, MI

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