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510 Lake Street, Ludington, MI 49431
$2,400,000
510 Lake Street, Ludington, MI 49431View this property at 510 Lake Street, Ludington, MI 49431
510 Lake StreetLudingtonMI49431
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Property Description
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!
Full Property Details
Full Property Details for 510 Lake St
General
- Price: $2,400,000
- Taxes: $16,426
- Status: Active
- Type: Business
- MLS ID: 22030991
- Updated: 4/29/2024
- Added to Site: 176 day(s) ago
Business
- Business Type: Other
Interior
- Number of Fireplaces: 5
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.
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Phone Connected, Natural Gas Connected, Electric Connected
Structural Information
- # Buildings: 5
- Foundation: Other
- 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.: All Sports, Dock, Private Frontage
Financial Considerations
- Tax Amount: $16,426.84
- 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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Schools
Schools serving 510 Lake St
School District:Ludington Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
505 E Foster St, Ludington, MI 49431 | 3-5 | 0.3 mi | |
Lakeview Elementary School, Ludington, MI
502 W Haight St, Ludington, MI 49431 | K-2 | 1 mi | |
706 E Tinkham Ave, Ludington, MI 49431 | 6-8 | 1 mi | |
508 N Washington Ave, Ludington, MI 49431 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
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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
Date
Details
Price
Change
Source
7/22/2022
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 510 Lake St
510 Lake Street, Ludington, MI 49431 (MLS# 22030991) is a Business property. 510 Lake Street is currently listed for $2,400,000 and was received on November 06, 2023. Want to learn more about 510 Lake Street? Do you have questions about finding other Business real estate for sale in Ludington? You can browse all Ludington real estate or contact a Coldwell Banker agent to request more information.