$125,000
Est. payment /mo
4,820 SqFt
Active
411 S James Street Ludington, MI 49431
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UPDATED:
02/14/2025 07:11 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,820 sqft
Price per Sqft $25
Subdivision Mi
MLS Listing ID 70452283
Year Built 1910
Annual Tax Amount $1,432
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 46 x 110 Irregular
Property Sub-Type Commercial/Industrial
Property Description
PRIME LOCATION FOR THE DEVELOPMENT OF A COMBINED RESIDENTIAL/COMMERCIAL PROJECT IN DOWNTOWN LUDINGTON- The building is NOT salvageable, but the land it sits on is potentially ideal for the mixed use project of your choice. Funds for the demolition and removal of the building, as well as remediation of the soil beneath it, are available through EGLE(formerly DEQ) and the State of Michigan. Buyers would be responsible for paying upfront for a BEA(baseline environmental assessment) and the presentation of a development plan to qualify for state funding. The City of Ludington, EGLE and EPA are all highly motivated to work with qualified candidates to redevelop this prime location in downtown Ludington. Information regarding brownfield funding available through the link provided in AGENT REMAR
Location
State MI
County Mason
Area Ludington (53020)
Interior
Heating Hot Water
Exterior
Roof Type Rubber
Building
Water Public Water
Structure Type Block,Brick,Frame,Stucco,Vinyl Siding,Wood
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by LIGHTHOUSE REALTY-Ludington