524 Ludington Street, Escanaba, MI 49829
524 Ludington Street, Escanaba, MI 49829
524 Ludington Street, Escanaba, MI 49829
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$625,000
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25,528 SqFt
Active

524 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 25,528 sqft

Price per Sqft $24

Subdivision Mi

MLS Listing ID 50218725

Year Built 1908

Annual Tax Amount $14,427

Tax Year 2022

Lot Size 0.720 Acres

Acres 0.72

Lot Dimensions 125x140.50x140.50x140

Property Sub-Type Commercial/Industrial

Property Description

ICONIC DOWNTOWN ESCANABA INVESTMENT OPPORTUNITY – LUDINGTON POST SUITES Own a piece of Escanaba history! The Ludington Post Suites, originally built as a U.S. Post Office, is a well-known downtown landmark offering over 25,000 sq. ft. of finished space and incredible potential for its next chapter. This impressive three-story building with a full finished basement offers endless possibilities. Transform it into luxury apartments, an upscale hotel, professional office suites, an incredible conference or event center, or a unique mixed-use development. Many offices feature beautiful views of Ludington Park and Lake Michigan, creating an opportunity for truly exceptional residential or commercial spaces. An elevator provides access to all four levels, and the property includes a side parking area along with additional parking in the rear. With its historic character, prominent downtown location, substantial square footage, and tremendous redevelopment potential, this is a rare investment opportunity in the heart of Escanaba. Property is being sold AS IS and is PRICED TO SELL! Bring your vision and make this landmark property yours today. A great investment with unlimited possibilities!

Location

State MI

County Delta

Area Escanaba (21010)

Zoning Commercial

Interior

Heating Forced Air, Hot Water, None

Cooling Central A/C

Exterior

Parking Features On Site, Parking Lot

Building

Foundation Basement

Water Public Water

Structure Type Brick,Masonry

Others

Ownership LLC

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by PREMIER REAL ESTATE, INC.

NEARBY SCHOOL & BUSINESS

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Morgan Beilfuss

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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524 Ludington Street