509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
509 Lake Street, Ludington, MI 49431
Franny Kanalos
Franny Kanalos

Associate Broker License ID: 6506047312

+1(586) 243-1533

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$ 335,000

$ 434,900 23.0%

Est. payment | /mo

1.97 Acres Lot


$ 335,000

$ 434,900 23.0%

Est. payment | /mo

1.97 Acres Lot

Key Details

Sold Price $335,000

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70245903

Sold Date 09/14/26

Style Vacant Land

Annual Tax Amount $2,773

Tax Year 2020

Lot Size 1.970 Acres

Acres 1.97

Lot Dimensions 860x100

Property Sub-Type Vacant Land

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.

Location

State MI

County Mason

Area Ludington (53020)

Building

Lot Description Cleared

Schools

School District Ludington Area School District

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional,Land Contract

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Greenridge Realty S Rath
Bought with Non Member

NEARBY SCHOOL & BUSINESS

Franny Kanalos

+1(586) 243-1533

frannyk@epique.me

44633 N Gratiot Ave, Clinton Twp, MI 48036, USA

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509 Lake Street