Escanaba, MI 49829,1204 Ludington Street
Escanaba, MI 49829,1204 Ludington Street
Escanaba, MI 49829,1204 Ludington Street
20
$30,000
$40,000
25.0%
Est.Price: ?

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9,500 SqFt

1204 Ludington Street Escanaba, MI 49829

Est. payment /mo
SOLD DATE : 05/30/2024

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Key Details

Sold Price $30,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,500 sqft

Price per Sqft $3

Subdivision Mi

MLS Listing ID 50137089

Sold Date 05/30/24

Year Built 1900

Annual Tax Amount $516

Tax Year 2024

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 25x140

Property Description

Retail space ready for a few final touches and an open sign. Comes with 2 10x9 office spaces, breakroom kitchen,2 pc. bathroom, potentially 2nd bath or laundry, plus 2 storage areas for the business. City lot in back offers plenty of parking. Full high basement for much additional storage also. This was the Old Peterson Hotel and is in National Historic Register since 2014. New owner could qualify for Fed tax credit of 20% eligible costs and State credit of 25% eligible costs. 2nd and 3rd floors offer endless possibilities.( Agent has some info.) Original hardwood floors exposed brick walls and numerous 6 panel doors and woodwork are still on site and in need of some restoration. Water is turned off due to a copper water supply line break ,Boiler is also off. Sold as is.

Location

State MI

County Delta

Area Escanaba (21010)

Exterior

Parking Features Municipal

Building

Foundation Basement

Water Other-See Remarks

Structure Type Brick

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 COLDWELL BANKER SCHMIDT ESCANABA
Bought with PREMIER REAL ESTATE, INC.

GET MORE INFORMATION

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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