City of Ludington - Development and/or Business opportunity - Approx 4.5+ acres on the shore of Pere Marquette Lake, which is also the Lake Michigan port in the harbor town of Ludington, MI. Approx 735ft of water frontage & 502 ft of road frontage. This legacy property, known as Thompson Marina, is an operating business with 35 slips. Another piece of the legacy is the 50,000 sq ft, 2 story manufacturing building that once produced products for the printing industry. Looking to create something new for the future? Prime development property for condo community or REHAB the old building and create new living spaces. Options to demo everything and start fresh, or work with what is onsite and convert a legacy into luxurious living w/a refurbished marina & waterfront. NOW is the time!
- Price:
- $2,400,000
- Full Baths:
- 4
- Acreage:
- 4.50
- Year Built:
- 1924
- Listing ID #:
- 22030991
- Street Address:
- 510 E Lake St
- City:
- Ludington
- State:
- Michigan
- Postal Code:
- 49431
- County:
- Mason
- Community:
- Masonoceanamanistee - O
- Subarea:
- Masonoceanamanistee - O
- Listing Status:
- Active Under Contract
- Listing Type:
- Commercial Sale
School District: Ludington
- Number Of Units:
- 1
- Total # Of Buildings:
- 5
- Year Built:
- 1924
- Lot Square Footage:
- 196020
- Zoning Description:
- Waterfront Dist
- Included In Sale:
- { Other: True, Real Estate: True }
- On Market Date:
- 2022-07-22
- Originating Mls:
- Michigan Regional Information Center (michric)
- Terms:
- Other, Cash
- Cross Street:
- Washington Ave
- Property Taxes:
- $16,426
- Tax Year:
- 2021
- Existing Water:
- Public
- Heating:
- None, Natural Gas
- Utilities:
- Telephone, Public Water, Public Sewer, Cable Connected
- Water Name:
- Pere Marquette Lake
- Waterfront:
- Yes
- Waterfront Description:
- All Sports, Dock, Private Frontage
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Greenridge Realty S Rath
