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1204 Ludington Street Escanaba, MI 49829
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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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