1016 Ludington Street Active Save Request In-Person Tour Request Virtual Tour
Escanaba,MI 49829
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,750 sqft
Price per Sqft $53
Subdivision Mi
MLS Listing ID 50168072
Year Built 1986
Annual Tax Amount $5,578
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50x140
Property Sub-Type Commercial/Industrial
Property Description
Exceptional Commercial Opportunity in the Heart of Downtown Escanaba – Motivated Seller & Quick Occupancy Available Located at 1016 Ludington Street in Escanaba's thriving Downtown District, this prime commercial property presents an outstanding investment opportunity. Constructed in 1986 and meticulously maintained, the building offers approximately 5,100 square feet of main-level retail space, complemented by a spacious 4,100 square foot basement perfect for storage or expansion. Recent upgrades include a brand-new roof installed in June 2023, along with modernized critical systems such as forced air heating, air conditioning condenser, electrical, and plumbing. The property is designed with accessibility in mind, featuring a handicap-accessible entrance with a remote-opening system and a dedicated accessible restroom. Built with a durable steel-framed floor system and concrete subfloor, the structure ensures long-term stability and performance. Positioned on a high-visibility stretch of Main Street, the location benefits from steady foot traffic in a vibrant community hub ideal for retail, office, or other business ventures. Quick occupancy is available, and the seller is highly motivated, offering the potential for seller financing or flexible terms to qualified buyers. Don't miss this rare opportunity to secure a standout property in one of Escanaba's most desirable commercial corridors.
Location
State MI
County Delta
Area Escanaba (21010)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C,HVAC
Exterior
Parking Features 3-5 Spaces,Off Street
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Concrete/Block,Masonry
Others
Ownership LLC
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan