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$2,200,000

  • For Sale
  • Active
  • Retail
  • 52,000 Sq. Ft.
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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. 35 boat slips in the marina. Looking to create something new for the future? Prime development property for condo community or REHAB the old building and create new living spaces. The 50,000sq ft building has collapsed on the East end and the structure will need to be removed. Don't miss this opportunity to convert a legacy property into your vision for the future.

Full Property Details for 510 Lake St

General

  • Price: $2,200,000
  • Taxes: $19,291
  • Status: Active
  • Type: Retail
  • Source: SWMRIC_MLS
  • MLS ID: 22030991
  • Updated: 3/15/2025
  • Added to Site: 532 day(s) ago

Business

  • Business Type: Other

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Location

  • Area: MasonOceanaManistee - O
  • County: Mason
  • Cross Streets: Washington Ave
  • Driving Directions: Head west on US-10/ Ludington Ave. Turn left onto S Washington Ave. Turn right onto Lake St. 510 will be on the left.

Heating & Cooling

  • Heating Type: None

Utilities

  • Cable Available: Yes
  • Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Storm Sewer

Structural Information

  • # Buildings: 5
  • Stories/Levels: 1
  • Square Feet: 52,000
  • Year Built: 1924

Lot Features

  • Lot Size (Acres): 4.5
  • Lot Size (Sq. Ft.): 196,020
  • Lot Dimensions: 502 x 735 Irregular
  • Frontage: Paved
  • Zoning: Waterfront Dist

Water Features

  • Water Front: Yes
  • Water Front Desc.: Lake
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $19,291.7
  • Terms: Cash

Disclosures and Reports

  • Legal Description: **Lengthy Legal on file
  • Property ID: 53-051-590-001-00

Listed by Greenridge Realty S Rath, Debby Stevenson

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Listing agent

— 510 Lake St —

  • Debby Stevenson

    Greenridge Realty S Rath

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 510 Lake St

School District:Ludington Area School District
RatingNameGradesDistance
6
Foster School
505 E Foster St, Ludington, MI 49431
3-50.4 mi
NR
Lakeview Elementary School, Ludington, MI
502 W Haight St, Ludington, MI 49431
K-21 mi
6
O.J. Dejonge Middle School
706 E Tinkham Ave, Ludington, MI 49431
6-81 mi
7
Ludington High School
508 N Washington Ave, Ludington, MI 49431
9-120.9 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 510 Lake St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/17/2024
Price Reduced
$2,200,000
-8.33%
MLS
7/22/2022
Listed
$2,400,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Greenridge Realty S Rath, Debby Stevenson

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510 Lake Street, Ludington, MI 49431 (MLS# 22030991) is a Retail property. 510 Lake Street is currently listed for $2,200,000 and was received on November 06, 2023. Want to learn more about 510 Lake Street? Do you have questions about finding other Retail real estate for sale in Ludington? You can browse all Ludington real estate or contact a Coldwell Banker agent to request more information.

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