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Tru Living Group

infomi@trulivingroup.com +1(734) 746-5001

$ 125,000

Est. payment -/mo

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Active

411 S James Street Ludington, MI 49431

4,820 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 4,820 sqft

Price per Sqft $25

MLS Listing ID 67025005618

Originating Board Mason Oceana Manistee Board of REALTORS®

Year Built 1910

Annual Tax Amount $1,432

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 46 x 110 Irregular

Property Sub-Type Business And Real Estate

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 Ludington

Zoning Other

Direction Ludington Ave. to James St. South on James St.

Interior

Heating Hot Water

Heat Source Natural Gas

Exterior

Roof Type Rubber

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block/Concrete/Masonry,Brick,Frame,Stucco,Vinyl,Wood

Schools

School District Ludington

Others

Tax ID 5305156000560

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Unknown/Data Share Listings

Listed by Tim Gibson of LIGHTHOUSE REALTY-Ludington

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