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- LoopNet Team
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
- Supermarket
- General Retail Bar
- General Retail Restaurant
- General Retail Storefront
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.
Learn More About Investing in Retail Properties
Listing ID: 21625577
Date on Market: 11/30/2020
Last Updated:
Address: 222 W Ludington Ave, Ludington, MI 49431