Address
3841 US 10, Ludington, MI
Price
$ 1,350,000
Property Attributes
- MLS#23030749
- TypeCommercial
- CountyMASON
- CityLudington
- AreaAmber Twp
- NeighborhoodAmber Twp
- Zip49431
- StyleRetail/Commercial
- Year Built2005
- Taxes$ 14700
- Price$ 1,350,000
- Bedrooms0
- Full Bathrooms4
- Half Bathrooms0
- Lot Size1 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
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.
| Price History | |
|---|---|
| 8/20/2023 | Listed $1,350,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Broadband Available,Natural Gas Connected,Electric Connected,Cable Connected |
| Possession | Close Of Escrow |
| Year Built | 2005 |
| Township | Amber Twp |
| Property SubType | Retail/Commercial |
| Tax Year | 2023 |
| Business Type | Professional/Office,Professional Service,Retail |
| County | Mason |
| New Construction | No |
| Property Type | Commercial Sale |
| Status | Active |
| 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 |
| High School District | Ludington |
| Total Units | 4 |
| MLS Area | MasonOceanaManistee - O |
| Lot Size Square Feet | 43560.0 |
| Waterfront Y/N | No |
| Street Name | US 10 |
| Land Lease Y/N | No |
| Tax Annual Amount | 14700.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | MasonOceanaManistee - O |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Availability Date | 2023-08-18 |
| Days on Market | 262 |
| Standard Status | Active |
| Tax Assessed Value | 320194 |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
| Legal Description | lengthy legal with listing agent |
| Senior Community | None |
Interior Features
| Total Fireplaces | 1 |
|---|---|
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Full Baths | 4 |
| Electric On Property Y/N | No |
| Total Baths | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 1.0 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 12500.0 |
| Lot Dimensions | 125 x 335 x 75 x 76 x 360 |
| Lot Size Acres | 1.0 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49431
Price
Taxes
Visits
Year Built
Walkscore
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 12, 2024 11:42 PM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
