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509 Lake Street Ludington, MI 49431
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Key Details
Sold Price $335,000
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70245903
Sold Date 09/14/26
Style Vacant Land
Annual Tax Amount $2,773
Tax Year 2020
Lot Size 1.970 Acres
Acres 1.97
Lot Dimensions 860x100
Property Sub-Type Vacant Land
Property Description
Fantastic opportunity to own investment property overlooking PM Lake and possibly Lake MI. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Nestled near marinas, fishing boat charters, and the Boat Club, this is a great time to make your entrepreneurial dreams come true. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. There is room to build condos or apartments. The property is in the Opportunity Zone, which could create tax incentives for an investor.
Location
State MI
County Mason
Area Ludington (53020)
Building
Lot Description Cleared
Schools
School District Ludington Area School District
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional,Land Contract
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Bought with Non Member
NEARBY SCHOOLS & BUSINESSES
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