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510 E Lake Street Ludington, MI $ 2,200,000
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$ 2,200,000 Get more info
510 E Lake Street
$ 2,200,000
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510 E Lake Street

Ludington, MI, 49431
$ 2,200,000
Bedrooms-- Baths-- Sq 52,000

Monthly Estimate*

$ 13,891

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Commercial Property for sale in Ludington, MI

for $2,200,000. This 52,000 square foot building was built in 1924 on a lot size of 4.5.

LUDINGTON COMMERCIAL WATERFRONT - 4.5 acres - Prime waterfront development and investment opportunity on Pere Marquette Lake with direct channel access out to Lake Michigan! Spanning 4.5+ acres with approximately 735 ft of shoreline and 502 ft of road frontage, this legacy site is exceptionally positioned near the heart of Ludington's harbor and downtown district. The property features an active 35-slip marina with current slip bookings through October 15, 2026, an existing marina service building, restroom facilities, and a fish cleaning station. Situated in the versatile Waterfront zoning district that encourages mixed-use, multi-family residential, retail, hospitality, or expanded marina operations, this property offers incredible potential and an unbeatable location for your premier waterfront vision. Buyer to verify all information.

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Commercial Active

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 18,958

Style

Business

Lot Size

4.5

Year Built

1924

Town/City

Ludington

County/Region

Mason

MLS | Web ID

70561525
Features
General
Heating None
Status Active Active
Year Built 1924
County Mason
Class COM/IND/BUS OPP
Type Business
Ownership Other/See Remarks
Municipality Ludington
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Ludington (53020)
Primary City Ludington
Directions From US-10/ Ludington Ave West to S Washington Ave South on Washington Ave to Lake St West onto Lake St. 510 will be on the left.
City Ludington
Financial Terms Cash
Legal Description See Legal Description attached in documents
DOM 2
Postal Code 49431
Price Per Sq Ft Total AG 42.31
Public Remarks
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Exterior
Frontage 502
Body of Water Pere Marquette Lake
Lot Size Area 4.5
Lot Dimensions 502 x 735 Irregular
Water Features Dock/Pier Facility Lake/River Access Water View All Sports Lake
Roads City/County Paved Street
Waterfront Y/N Yes
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Debby Stevenson

Listing Agent

Greenridge Realty S Rath

Broker

deb@debstevenson.com

Email

Affordability Calculator

$15,471
Per Month
90%
10%
0%
Monthly Principal & Interest
$13,891
Monthly Property Taxes
$1,580
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/29/2026$2,200,000 Listed Price

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510 E Lake Street, Ludington, MI, 49431 is a Commercial Property for sale at $2,200,000 with 52,000 sqft and a lot size of 4.5. 510 E Lake Street was built in 1924. The property's zip code is 49431 which is in Ludington, MI

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