Prime commercial opportunity in the heart of downtown Escanaba! Located right on the main street of downtown Escanaba, the true heartbeat of the community, this incredible commercial offering presents endless potential at an unbeatable price. This property consists of three buildings (two combined) offering well over 8,000 square feet of main-level commercial space. The visibility, foot traffic, and central location make this a rare investment opportunity in a thriving downtown district. Upstairs, youll find over 6,000 square feet ready for your vision to come to life. Much of the heavy lifting has already been done (demo work is complete in many areas) leaving a mostly blank canvas for redevelopment, additional residential units, office suites, or creative space. Above 1107, there is an existing two-bedroom residential apartment currently generating strong rental income of $985 a month. This is a perfect opportunity to have immediate cash flow while you bring your larger plans to fruition. Please note: The unfinished portions of the second floor are currently in a demoed state and are considered hazardous. For your safety, do not cross the yellow caution tape during showings. Opportunities like this with size, location, income potential, and price do not come along often!!! Whether youre an investor, developer, or entrepreneur looking to make a mark in downtown Escanaba, this property is ready for its next chapter.
Listed By
Agency Name: UPWARDS REAL ESTATE
Agency Phone: 906-786-8747
Shown By
Agent Name: Jeff Jarvis
Agent Phone: Cell: (906) 464-0123
Agency Title: Key Realty
1107 And 1109 Ludington Street | MLS# 50207281
This commercial property located at 1107 And 1109 Ludington Street, Escanaba, MI 49829 is currently listed for sale with an asking price of $150,000. Search Escanaba real estate on jeffjarvis.ikeyrealty.com today.