215 N Jebavy Drive Ludington, MI $ 350,000
215 N Jebavy Drive
$ 350,000
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215 N Jebavy Drive

Ludington, MI, 49431
$ 350,000
Bedrooms-- Baths-- Sq 3,980

Monthly Estimate*

$ 2,184

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Commercial Property for sale in Ludington, MI

for $350,000. This 3,980 square foot building was built in 1989 on a lot size of 0.86.

COMMERCIAL BUILDING - This three-unit, 3,980 SQFT building is currently fully rented by a single tenant and is in excellent condition. Situated on a 0.85A lot with 112' of frontage on a high-traffic main road, the site offers ample paved parking spaces in the front & plenty of additional space in the back for parking/storage/expansion. Price per SQFT of building including the lot & parking is $88/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.

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Commercial Active

Price

$ 350,000

Property Type

Commercial

Taxes

$ 3,603

Style

Commercial/Industrial

Lot Size

0.86

Year Built

1989

Town/City

Ludington

County/Region

Mason

MLS | Web ID

70476627

Features
General
Heating Forced Air
Roof Composite
Status Active Active
Year Built 1989
Parking 11-20 Spaces
County Mason
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Other/See Remarks
Municipality Pere Marquette Twp
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Pere Marquette Twp (53010)
Primary City Ludington
Directions From US10: N on Jebavy. Go 1/4 mile to driveway on West side of road. Parking spots are out front.
City Ludington
Financial Terms Cash Conventional
Legal Description New legal is being created with proposed split. Survey attached indicated dimensions and boundaries.
DOM 173
Postal Code 49431
Price Per Sq Ft Total AG 87.94
Public Remarks COMMERCIAL BUILDING - This three-unit 3
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Exterior
Exterior Frame Metal Wood
Frontage 112
Lot Size Area 0.86
Lot Dimensions 112.99' x 330'
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Bob Budreau

Listing Agent

Greenridge Realty Ludington

Broker

bbudreau@greenridge.com

Email

Affordability Calculator

$2,484
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$300
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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2025$350,000 Listed Price

Map


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215 N Jebavy Drive, Ludington, MI, 49431 is a Commercial Property for sale at $350,000 with 3,980 sqft and a lot size of 0.86. 215 N Jebavy Drive was built in 1989. The property's zip code is 49431 which is in Ludington, MI