509 Lake Street, Ludington, MI 49431

$434,900

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List Price
$434,900
Price Change
▲ $50,000 1750876648
Days on Market
1640
MLS#
22003093
Status
ACTIVE CONTINGENT
Type
Land
Neighborhood
MasonOceanaManistee - O

Property Description

Fantastic opportunity to own investment property overlooking PM Lake and possibly Lake MI. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Nestled near marinas, fishing boat charters, and the Boat Club, this is a great time to make your entrepreneurial dreams come true. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. There is room to build condos or apartments. The property is in the Opportunity Zone, which could create tax incentives for an investor.

Additional Information

Taxes
$2,773
Acres
1.97
School District
Ludington
Utilities
None, Cable Available, Electricity Available, Natural Gas Available
Water Features
Lake Front

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mary Jo Pung from Listing Office: Greenridge Realty S Rath.

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