411 S James Street new Save Request In-Person Tour Request Virtual Tour
Ludington,MI 49431
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,820 sqft
Price per Sqft $25
Municipality Ludington
MLS Listing ID 25005618
Full Baths 1
Year Built 1910
Annual Tax Amount $1,432
Tax Year 2024
Lot Size 4,820 Sqft
Acres 0.11
Lot Dimensions 46 x 110 Irregular
Property Sub-Type Retail
Property Description
PRIME LOCATION FOR THE DEVELOPMENT OF A COMBINED RESIDENTIAL/COMMERCIAL PROJECT IN DOWNTOWN LUDINGTON- The building is NOT salvageable, but the land it sits on is potentially ideal for the mixed use project of your choice. Funds for the demolition and removal of the building, as well as remediation of the soil beneath it, are available through EGLE(formerly DEQ) and the State of Michigan. Buyers would be responsible for paying upfront for a BEA(baseline environmental assessment) and the presentation of a development plan to qualify for state funding. The City of Ludington, EGLE and EPA are all highly motivated to work with qualified candidates to redevelop this prime location in downtown Ludington. Information regarding brownfield funding available through the link provided in AGENT REMAR
Location
State MI
County Mason
Area Masonoceanamanistee - O
Direction Ludington Ave. to James St. South on James St.
Interior
Heating Hot Water
Inclusions Real Estate
Exterior
Utilities Available Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Broadband
View Y/N No
Roof Type Rubber
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Stucco,Vinyl Siding,Brick
New Construction No
Schools
School District Ludington
Others
Tax ID 5305156000560
Ownership LLC
Acceptable Financing Cash
Listing Terms Cash