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222 W Ludington Ave
Ludington, MI 49431

Creekbed Condominium Unit 1 · Retail Property For Sale

Investment Highlights

  • Located just blocks from Lake Michigan Stearns Beach; Municipal Marinas; Legacy Plaza

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
8,000 SF
Building Class
B
Year Built/Renovated
2009/2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.40 AC
Zoning
CBD/DDA - Central Business District and included in the Downtown Development Area, City of Ludington Zoning
Parking
30 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
105 FT on Ludington Avenue

Amenities

  • Corner Lot
  • Courtyard
  • Security System
  • Storage Space
  • Air Conditioning

About 222 W Ludington Ave , Ludington, MI 49431

Recently converted to condominium units, this 8000sf+ commercial space has been used as a vibrant market and pub. With shared cost of ownership, the unit's taxes, common area maint. and insurance costs have been greatly reduced. Prime, corner location on Ludington Avenue just two blocks from City center and directly across the street from 60 new residential units, with an additional 200 residential condominium units within walking distance. The market is currently not operating and it's fixtures, equipment, and licenses are available under separate MLS listing 20047488. Hot and Cold Deli Kitchen and prep space; meat cutting kitchen and storage; Coffee bar and pub; walk in Beer Cave; Receiving bay; Office and 800sf+ storage mezzanine are all in place. Dream BIG and make this space your own! This unit is part of a new condominium conversion - 2 commercial spaces and 3 residential spaces, providing for lower cost of ownership and shared maintenance of the building. Current monthly assessment for Unit 1 is 610/month and includes building insurance, common area maintenance, plowing, and lawn care. Market is separately metered for water/electric/gas.

  • Listing ID: 21625577

  • Date on Market: 11/30/2020

  • Last Updated:

  • Address: 222 W Ludington Ave, Ludington, MI 49431

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