239 N Jebavy Drive Ludington, MI ^$ 975,000

239 N Jebavy Drive

^$ 975,000

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239 N Jebavy Drive

Ludington, MI, 49431

^$ 975,000

Bedrooms-- Baths-- Sq 7,200

Monthly Estimate*

^$ 6,083

239 N Jebavy Drive, Ludington, MI 49431 - Image 1

239 N Jebavy Drive, Ludington, MI 49431 - Image 2

239 N Jebavy Drive, Ludington, MI 49431 - Image 3

239 N Jebavy Drive, Ludington, MI 49431 - Image 4

239 N Jebavy Drive, Ludington, MI 49431 - Image 5

239 N Jebavy Drive, Ludington, MI 49431 - Image 6

239 N Jebavy Drive, Ludington, MI 49431 - Image 7

239 N Jebavy Drive, Ludington, MI 49431 - Image 8

Commercial Property for sale in Ludington, MI

for $975,000. This 7,200 square foot building was built in 1990 on a lot size of 2.44.

THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.

Commercial Active

Price

^$ 975,000

Property Type

Commercial

Taxes

^$ 5,912

Style

Commercial/Industrial

Lot Size

2.44

Year Built

1990

Town/City

Ludington

County/Region

Mason

MLS | Web ID

70476347

Features

General

Heating Forced Air

Roof Composite

Status Active Active

Year Built 1990

Parking 21+ Spaces

County Mason

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Other/See Remarks

Municipality Pere Marquette Twp

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Pere Marquette Twp (53010)

Primary City Ludington

Directions From US-10: N on Jebavy. Property on the left just after Rehab Center & before Vet Clinic.

City Ludington

Financial Terms Cash Conventional

Legal Description SECTION 14 T18N R18W. A PARCEL OF LAND IN THE NORTHEAST 1/4 OF SECTION 14 TOWN 18 NORTH RANGE 18 WEST PERE MARQUET

DOM 167

Postal Code 49431

Price Per Sq Ft Total AG 135.42

Public Remarks THREE 2

Exterior

Exterior Brick Frame Vinyl Siding Wood

Frontage 98

Lot Size Area 2.44

Lot Dimensions 98.3x664.64x210.23x434.2x

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Bob Budreau

Listing Agent

Greenridge Realty Ludington

Broker

bbudreau@greenridge.com

Affordability Calculator

$6,575

Per Month

Monthly Principal & Interest: $6,083
Monthly Property Taxes: $493
Monthly Home Insurance: --

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Loan Term

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 ^$618,050

Percent of Sale Price 37%

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
6/19/2025	$975,000		Listed Price

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239 N Jebavy Drive, Ludington, MI, 49431 is a Commercial Property for sale at $975,000 with 7,200 sqft and a lot size of 2.44. 239 N Jebavy Drive was built in 1990. 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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239 N Jebavy Drive

Commercial Property for sale in Ludington, MI

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