205 & 215 N Jebavy Drive Ludington, MI $ 495,000
205 & 215 N Jebavy Drive
$ 495,000
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205 & 215 N Jebavy Drive

Ludington, MI, 49431
$ 495,000
Bedrooms-- Baths3.0 Sq 3,980

Monthly Estimate*

$ 3,419

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Commercial Property for sale in Ludington, MI

for $495,000 with 3 full baths. This 3,980 square foot building was built in 1989 on a lot size of 2.87.

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 2.8A lot with 188' 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. The site includes a 22' x 24' garage near the road, currently used for storage & ample room for future development with a large open area to the north and wooded buffer area to the south. Price per SQFT of building including the lot & parking is well below new construction costs. As a landlord, this could be a good choice for a passive income. Call today to discuss your plans

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Commercial Active

Price

$ 495,000

Full Bath

3

Property Type

Commercial

Taxes

$ 4,433

Style

Office

Lot Size

2.87

Year Built

1989

Town/City

Ludington

County/Region

Mason

MLS | Web ID

26057770

Features
Interior
Interior Amenities Broadband
Total Stories 3980
Air Conditioning Y/N true
Heating Y/N true
Total Baths 3
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General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Metal Siding
Year Built 1989
Tenant Pays Electric Gas Janitorial Sewer Trash Water
Township Pere Marquette Twp
Property Subtype Office
Tax Year 2026
Ownership Private Owned
Business Type Professional/Office Professional Service
County Mason
New Construction false
Property Type Commercial Sale
Full Baths 3
Status Active
Directions From US-10: N on Jebavy. Property on the left just across from King Dr.
City Ludington
High School District Ludington
Zoning Description C-1
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 125020
Listing Terms Conventional Cash
Tax Annual Amount 4433
Lease Considered Y/N false
Availability Date 2026-10-30
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 99572
Legal Description Lengthy Legal - See Docs
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Exterior
Total Parking 13
Inclusions Other Real Estate
Lot Size Area 2.87
Foundation Details Slab
Number of Buildings 1
Building Area Total 3980
Lot Dimensions 665' x 188'
Lot Size Acres 2.87
Road Surface Type Paved
Waterfront Y/N false
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Internal Only
Street Number 1 205215
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* Excluded Features
List By
Greenridge Realty Ludington

Broker

bbudreau@greenridge.com

Email

Affordability Calculator

$3,788
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,419
Monthly Property Taxes
$369
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/30/2026$495,000 Listed Price

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205 & 215 N Jebavy Drive, Ludington, MI, 49431 is a Commercial Property for sale at $495,000 with 3,980 sqft and a lot size of 2.87. 205 & 215 N Jebavy Drive has 3.0 baths and was built in 1989. The property's zip code is 49431 which is in Ludington, MI