Ludington, MI 49431

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List Price
$975,000
Days on Market
415
MLS#
25029686
Status
ACTIVE
Type
Commercial
Bathrooms
6
Full-baths
6
Neighborhood
MasonOceanaManistee - O

Property Description

THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.

Additional Information

Taxes
$5,912
Acres
2.44
Heating
Forced Air
Roofing
Composition
School District
Ludington
Tenant Pays
Electricity, Trash Collection, Gas, Sewer, Water
Total Parking Spaces
49
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bob Budreau from Listing Office: GREENRIDGE Realty Ludington.

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