510 E Lake Street

$2,800,000, 29,000 Sqft 4½ Acres

About This Property

Turnkey money maker in the form of an active marina BUT, 4.5 acres of land that is perfect for future development makes this a great buy at this price. Only minutes into town, only a short boat ride into Lake Michigan with great views on Pere Marquette Lake. Marina has 35 docks and was permitted at one time for up to 60. Land area could likely accommodate up to 55-60 condominiums. Great on site storage and camping space also available to those who have slips. For video copy and paste link:https://youtu.be/3iqNwxDiZXk

Essential Information

MLS® #18027872
Price$2,800,000
Bathrooms0.00
Square Footage29,000
Acres4.50
Year Built1924
TypeCommercial
Sub-TypeRetail/Commercial
StatusActive

Community Information

Address510 E Lake Street
AreaO51
SubdivisionLudington
CityLudington
CountyMason
StateMI
Zip Code49431

Amenities

Amenities

All Sports, Dock, Private Frontage, View

Utilities

Electric, Natural Gas, Telephone

Interior

HeatingBaseboard
# of Fireplaces4

Exterior

ExteriorWood
Lot DescriptionIrregular
RoofComp Shingle, Other

Construction

Block, Concrete, Frame/Wood, Pole/Wood, Steel

School Information

DistrictLudington
ElementaryIrregular
MiddleOn File

Additional Information

ZoningCommercial

Listing Details

Listing AgentJim Foley
Listing OfficeColdwell Banker ALM Ludington

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Copyright 2019 MichRIC, LLC. All rights reserved. Information Deemed Reliable But Not Guaranteed

Listing information last updated on January 16th, 2019 at 6:30pm CST.

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