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1000 Ludington Street Escanaba, MI 49829
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Key Details
Sold Price $225,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $42
Subdivision Mi
MLS Listing ID 50125996
Sold Date 03/15/24
Year Built 1955
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50x115
Property Description
Downtown Escanaba Gem for Sale! Rare opportunity! Immerse yourself in the heart of Escanaba's downtown with this 5300 sq ft building. Recently upgraded with a new rubber roof, LED lighting, and sleek metal siding, it's a blend of charm and modernity. Versatile and ready for your vision, it features a new office/storage area, ample parking, and a full unfinished basement. Perfect for entrepreneurs, the existing retail clothing business, with positive cash flow, can be purchased separately. Leasing options available, offering flexibility. Enjoy year-round comfort with natural gas heating and central air. The owner, committed to a smooth transition, is willing to stay on as a consultant. Operating Mon-Fri, 11 am - 5 pm, and Sat, 11 am - 3 pm. Building purchase excludes inventory, valued at $90,000, featuring zip code-protected product lines. Seize this chance to own a piece of Escanaba's legacy!
Location
State MI
County Delta
Area Escanaba (21010)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Garage 3-5 Spaces, Off Street, On Site
Waterfront No
Roof Type Rubber
Building
Lot Description Downtown Dev Authority
Foundation Basement
Water Public Water
Structure Type Block,Brick
Others
Ownership LLC
SqFt Source Public Records
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Commercial Loan,Conventional,Conventional Blend
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Bought with PREMIER REAL ESTATE, INC.