24
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$580,000
Est. payment /mo
5,750 SqFt
Price Dropped by $50K
1016 Ludington Street Escanaba, MI 49829
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,750 sqft
Price per Sqft $100
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 Sub-Type Commercial/Industrial
Property Description
This exceptional opportunity includes both a prime commercial property and the well-established Mr. Bike and Ski business in the heart of Escanaba's Downtown District. The property features approximately 5,100 sq. ft. of main-level retail space, plus a 4,100 sq. ft. basement for storage, offering ample space for operations. Serving the community for 40 years, the business specializes in sales, service, and rentals of bicycles, skis, snowboards, and outdoor gear, with modernized operations that include a new point-of-sale system, updated computers, an e-commerce website, and an online booking system. With a highly visible location, updated building systems, and a strong reputation among both locals and tourists, this turnkey investment is ideal for entrepreneurs looking to step into a thriving business. This listing includes the building and business, with inventory negotiated separately.
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KEY REALTY DELTA COUNTY LLC