510 Lake Street, Ludington, MI

$2,400,000

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4

Baths

52,000

Square feet

4.50

Acres

About 510 Lake Street

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!

Features of 510 Lake Street

MLS® # 22030991
Price $2,400,000
Bathrooms 4.00
Full Baths 4
Square Footage 52,000
Acres 4.50
Year Built 1924
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 510 Lake Street
Area MasonOceanaManistee - O
City Ludington
County Mason
State MI
Zip Code 49431

Amenities

Is Waterfront Yes
Has Pool No

Interior

Fireplace No
# of Fireplaces 5

Exterior

Foundation Other

School Information

District Ludington

Additional Information

Legal **Lengthy Legal on file
New Construction No
Sewer Public Sewer
Water Public

Financial Details

Annual Property Tax $16,427
Tax ID # 53-051-590-001-00
Taxable Value 275196.00

Listing Details

AgentDebby Stevenson
OfficeGreenridge Realty S Rath

Listing Map

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