$384,900
For Sale

509 Lake Street

Ludington, MI 49431
Browse 14 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot DescriptionBuildable, Cleared
      • Property SubtypeCommercial Land
      • School DistrictLudington
      • Property TypePurchase
      • Original List Price$328,000
      • MLS #22003093
      • MLS #22003093
      • Cost384900
      • CountyMason
      • Acres1.97
      • Days on Market (Cumulative)1078

Location

Fulbright HomesBerkshire Hathaway HomeServices Edwardsburg
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
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