1016 Ludington Street Active

Escanaba,MI 49829

$ 630000

- Bed

- Bath

5750 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 $109

Subdivision Mi

MLS Listing ID 50163751

Year Built 1986

Annual Tax Amount $5,578

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50x140

Property Description

Seize the incredible opportunity to own Mr. Bike and Ski, a thriving business that has been a cornerstone of Escanaba for an impressive 40 years! This prime commercial building is located in the heart of the Escanaba Downtown District, ensuring maximum visibility on Main Street. The current owners have enjoyed running this retail store for four successful years but are now eager to explore new career paths and spend quality time with their families. Mr. Bike and Ski serves as a community hub, catering to the vibrant outdoor enthusiasts in Escanaba and the surrounding areas of Delta County, with a strong focus on attracting tourists. The business specializes in sales, service, and rentals of outdoor equipment and gear, including bicycles, skis, snowboards, snowshoes, parts, accessories, and outdoor clothing. The business has modernized its operations with a new point-of-sale system featuring detailed inventory and reporting, the latest computers, a user-friendly e-commerce website, and an online booking system for rentals and service appointments. The property boasts approximately 5,100 square feet of main-level retail space, complemented by a spacious 4,100 square-foot basement for ample storage. From the moment you enter, you'll be captivated by the expansive layout and the building's excellent condition. It features a handicapped-accessible entrance with a remote-opening system and a dedicated handicapped-accessible bathroom. Every aspect of this building has been meticulously maintained, providing peace of mind for the next owner. All critical systems—including the forced air unit, air conditioning condenser, electrical, and plumbing—have been fully updated. A brand-new roof was installed in June 2023, ensuring reliability and longevity. The structure also features a sturdy steel-framed floor system with a concrete subfloor. If you are an entrepreneur looking to run a successful business, your search ends here! This is your chance to enter a well-established enterprise with a solid foundation for future growth.

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

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