Escanaba, MI 49829,816 Ludington St
Escanaba, MI 49829,816 Ludington St
Escanaba, MI 49829,816 Ludington St
9
$582,000
$630,000
7.6%
Est.Price: ?

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14,000 SqFt

816 Ludington St Escanaba, MI 49829

Est. payment /mo
SOLD DATE : 08/09/2022

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Key Details

Sold Price $582,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 14,000 sqft

Price per Sqft $41

Subdivision Mi

MLS Listing ID 10070499

Sold Date 08/09/22

Year Built 1922

Tax Year 2021

Lot Size 0.640 Acres

Acres 0.64

Lot Dimensions 100x140.25x70.75x140

Property Description

Excellent commercial building in the heart of downtown Escanaba! This building has been well maintained and offers a great investment opportunity. The front entry welcomes you to an open lobby area with a ramped entrance. In the front of the building there are two large units rented to an attorney's office and retail store. The back hallway, bathrooms, and gym were all renovated just 6 years ago. This 2100 sq ft gym features a reception area, office, and 6 shower rooms. This would be ideal for another workout facility or reception hall. There is additional unfinished space that could be expanded into or converted into an apartment. A small office in the back is also currently rented. The basement of this property can be driven down into. This space currently provides extra income by renting it for storage of vehicles. Parking is provided on the side of the building and in a back parking lot.

Location

State MI

County Delta

Area Escanaba (21010)

Interior

Heating Forced Air, Hot Water, None

Cooling Central A/C

Exterior

Garage On Site

Waterfront No

Building

Water Public Water

Structure Type Brick,Masonry

Others

Ownership LLC

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by PREMIER REAL ESTATE, INC.
Bought with RE/MAX 1ST REALTY

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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