3841 Us 10 Ludington, MI ^$ 1,350,000

3841 Us 10

^$ 1,350,000

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3841 Us 10

Ludington, MI, 49431

^$ 1,350,000

Studio Baths0.0 Sq 12,500

Monthly Estimate*

^$ 9,430

3841 Us 10, Ludington, MI 49431 - Image 1

Studio

Commercial Property for sale in Ludington, MI

for $1,350,000. This 12,500 square foot building was built in 2005 on a lot size of 1.

Investment Property for Sale. Marketplace Center is a four suite, 12,500 square foot commercial building located on US-10 in Ludington, MI. The property sits adjacent to high traffic businesses such as Home Depot, AMC Classic Theater, Applebee's Grill + Bar, Ludington Meat Company and is directly across the street from Meijer and the future Hobby Lobby (approved June 2023). With its location on US-10, Marketplace Center has great access to downtown Ludington, the Lake Michigan shoreline, and all points north and south via US-31. The tenants of Marketplace Center enjoy the use of a large pylon sign on US-10 and access to ample parking. The Rent Roll is diversified into a mix of professional office, retail, professional service and medical/physical therapy.

Commercial Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,700

Style

Commercial/Industrial

Lot Size

Year Built

2005

Town/City

Ludington

County/Region

Mason

MLS | Web ID

70327371

Features

General

Heating Forced Air

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Year Built 2005

County Mason

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Amber Twp

Subdivision MI

Commercial Features Cable Internet Installed Electric Available Gas Available

Area Amber Twp (53001)

Primary City Ludington

Directions From the intersection of US-31 and Highway 10 go East on 10. Property is just past S Brye Rd on the S side of US 10. Property is just east of The Home Depot and AMC Classic Ludington 8 Theater.

City Ludington

Street Name US 10

Financial Terms Cash

Legal Description lengthy legal with listing agent

DOM 271

Postal Code 49431

Price Per Sq Ft 108

Coming Soon Investment Property for Sale. Marketplace Center is a four suite 12 500 square foot commercial building located on US-10 in Ludington

Exterior

Exterior Block Steel

Frontage 125

Lot Size Area 1

Lot Dimensions 125 x 335 x 75 x 76 x 360

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Charles May

Listing Agent

Liv Communities, Llc

Broker

cmay@livecommunities.com

Affordability Calculator

$10,655

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: $1,225
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ludington, MI

Average List Price ^$712,701

Percent of Sale Price 47%

About Ludington, MI

8,282 Population

0% Since 2002

^$36,498 Median Income

41.21 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/20/2023	$1,350,000		Listed Price

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3841 Us 10, Ludington, MI, 49431 is a Commercial Property for sale at $1,350,000 with 12,500 sqft and a lot size of 1. 3841 Us 10 is a studio with 0.0 baths and was built in 2005. The property's zip code is 49431 which is in Ludington, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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3841 Us 10

Commercial Property for sale in Ludington, MI

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