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816 Ludington St Escanaba, MI 49829
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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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Bought with RE/MAX 1ST REALTY