121 & 125 S James Street
Ludington, MI, 49431 $ 969,000
Bedrooms-- Baths7.0 Monthly Estimate*
$ 5,966
for $969,000 with 7 full baths. This building was built in 1900 on a lot size of 0.11.
DOWNTOWN LUDINGTON - Turnkey, high-visibility restaurant and investment opportunity in the heart of downtown Ludington! The Blu Moon is being offered as two distinct businesses: the established restaurant/bar operation and the Blu Moon Properties, which includes the real estate and income-producing rental units. Situated on two parcels (121 & 125 S. James St), this eclectic, vibrant property is full of charm and character, offering a one-of-a-kind atmosphere that has made it a local favorite. The sale includes the Blu Moon business name, phone number, established book of business, Class C liquor license, and all furniture, fixtures, and equipment--making this a truly turnkey opportunity for restaurateurs or investors looking to step into a fully operational venue. The restaurant features multiple service areas, including a standout rooftop patio complete with wet bar, kitchen space, restrooms, and a mix of open-air and covered seating, creating a unique guest experience and additional revenue potential. The lower level offers roll-up garage door access that opens directly to an outdoor patio along James Street, ideal for seasonal service or private events. Beyond the restaurant, the property includes one 2-bedroom and two 1-bedroom rental apartments of varying sizes, providing steady supplemental income. The building sits on a full, dry basement with potential for additional usable or storage space. With its fun, artistic vibe, strong local following, and multiple income streams, Blu Moon presents a rare opportunity to own a dynamic, income-producing property in a prime downtown location.
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FeaturesInteriorInterior Amenities Broadband
Total Stories 5290
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Total Baths 7
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GeneralHeating Forced Air
Cooling Central Air None
Utilities Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Negotiable
Roof Rubber
Construction Materials Brick
Year Built 1900
Township Ludington
Property Subtype Business
Tax Year 2025
Ownership Private Owned
Business Type Other Professional/Office Restaurant Bar/Tavern/Lounge
County Mason
New Construction N
Property Type Commercial Sale
Full Baths 7
Status Active
Directions From US 10 / Ludington Ave to S James St South on James St to property on East side of road
City Ludington
High School District Ludington
Zoning Description F-DC
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 5005.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 9629.68
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 159919
Ownership Type LLC Corporation
Legal Description See lengthy legal on file in documents
Senior Community None
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ExteriorInclusions Real Estate Licenses Furniture Equipment
Lot Size Area 0.11
Foundation Details Block
Number of Buildings 2
Spa N
Building Area Total 8208.0
Lot Dimensions 45 x 110
Lot Size Acres 0.11
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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* Excluded FeaturesList ByGreenridge Realty S RathBroker
deb@debstevenson.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,966
- Monthly Property Taxes
- $802
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Ludington, MI
Average List Price $652,208
Percent of Sale Price 33%
About Ludington, MI 8,282 Population
0% Since 2002
$ 36,498 Median Income
41.21 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
5232938 Elementary School
5060446 Middle School
Ludington High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $969,000 | | Listed Price |