MI > Escanaba > Mi
Escanaba, MI 49829,1016 Ludington Street
Escanaba, MI 49829,1016 Ludington Street
Escanaba, MI 49829,1016 Ludington Street
Escanaba, MI 49829,1016 Ludington Street
Escanaba, MI 49829,1016 Ludington Street
Escanaba, MI 49829,1016 Ludington Street
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David Godin

David Godin

+1(586) 416-0600
$ 380,000
Est. payment | /mo

5,750 SqFt

Save
$ 380,000
Est. payment | /mo
Save

5,750 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,750 sqft

Price per Sqft $66

Subdivision Mi

MLS Listing ID 50168072

Year Built 1986

Annual Tax Amount $5,578

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50x140

Property Sub-Type Commercial/Industrial

Property Description

Located in the heart of Escanaba's Downtown District, this prime commercial property at 1016 Ludington Street offers an exceptional investment opportunity. Built in 1986 and meticulously maintained, the building features approximately 5,100 sq. ft. of main-level retail space, plus a spacious 4,100 sq. ft. basement for ample storage. Key upgrades include a brand-new roof installed in June 2023, as well as updated critical systems such as forced air, air conditioning condenser, electrical, and plumbing. The property is designed for accessibility, featuring a handicapped-accessible entrance with a remote-opening system and a dedicated restroom. A sturdy steel-framed floor system with a concrete subfloor ensures lasting structural integrity. Positioned on Main Street for maximum visibility, this location benefits from steady foot traffic in a vibrant community hub, making it ideal for various business ventures. Please note, this listing is for the building only; the existing business and inventory are not included in the sale.

Location

State MI

County Delta

Area Escanaba (21010)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C, HVAC

Exterior

Parking Features 3-5 Spaces, Off Street

Roof Type Rubber

Building

Foundation Basement

Water Public Water

Structure Type Concrete/Block,Masonry

Others

Ownership LLC

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Commercial Loan

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KEY REALTY DELTA COUNTY LLC
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

42094 Garfield Rd, Clinton Twp, MI, 48038, USA

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1016 Ludington Street