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1107 And 1109 Ludington Street, Escanaba, MI 49829

$150,000
  • 1107 And 1109 Ludington Street, Escanaba, MI 49829 Main Photo

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New to the Market Active
SQUARE FEET15,116 MLS#50207281
STATUSActive PROPERTY TYPECommercial - Business

Property Description

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.

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.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Heating: Boiler
Lot Size: 0.24 Acres
Roof Type: Rubber
Taxes: $2,786
Year Built: 1900

Feature Descriptions

Ceiling Height: Less than 16 Ft.
Commercial Features: Alley, Display Window, Electric Available, Occupied, Reception Area, Restroom(s), Sidewalks
Days on Site: 4
Exterior: Brick
Parking Notes: Municipal
Sewer: Public Sanitary
Summer Tax: 1458.33
Water: Public Water
Water Features: None
Winter Tax: 1328.57

Listed By / Shown By

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

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