Waterfront
Address
502 W Loomis Street, Ludington, MI
Price
$ 1,750,000
Property Attributes
  • MLS#24012749
  • TypeCommercial
  • CountyMASON
  • CityLudington
  • AreaLudington
  • NeighborhoodLudington
  • Zip49431
  • StyleBusiness
  • Year Built1988
  • Taxes$ 35162
  • Price$ 1,750,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size0.64 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Nestled in the heart of Ludington, Michigan, overlooking the picturesque Marina and the serene expansion of Pere Marquette Lake merging into the grandeur of Lake Michigan, lies the Crown and Cork restaurant--an iconic destination renowned for its upscale ambiance and dining experience. Spanning almost 7000 sqft, this culinary gem has been meticulously furnished, and curated with up-to-date technology over the past 3 years reflecting a commitment to excellence. With its expansive dining area, well-appointed bar, and private dining rooms, the Crown and Cork offers versatility and potential for growth, catering to a diverse array of clientele and special events. Whether it's a dinner for two, a lively gathering of friends, an elegant corporate event, or a catered event, the opportunity is here for someone with vision to write the next chapter in this culinary legacy.

Price History
3/15/2024 Listed $1,750,000

General Features

Sewer Public Sewer
Cooling Central Air
Utilities Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Phone Connected,Natural Gas Connected,
Possession Close Of Escrow
Roof Composition
Construction Materials Wood Siding
Year Built 1988
Township Ludington
Property SubType Business
Tax Year 2023
Business Type Professional/Office,Professional Service,Restaurant,Bar/Tavern/Lounge,Retail
Waterfront Features All Sports,Channel
Community Features Lake
County Mason
New Construction No
Property Type Commercial Sale
Attached Garage No
Building Features Fire Sprinkler,Security System
Status Active
Directions From Ludington Ave: S on Lewis,W on Loomis. Parking lot on the immediate right.
City Ludington
Body of Water Pere Marquette Lake
High School District Ludington
Zoning Description WM-2
Total Units 1
MLS Area MasonOceanaManistee - O
Lot Size Square Feet 27878.0
Waterfront Y/N Yes
Street Name Loomis
Land Lease Y/N No
Tax Annual Amount 35162.0
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 2024-03-15
Days on Market 52
Standard Status Active
Occupancy Description Owner
Tax Assessed Value 575500
Ownership Type LLC
MobileHomeRemainsYN No
Legal Description ORIGINAL PLAT LOTS 9,10,11 & 12,BLOCK 49
Senior Community None

Interior Features

Total Fireplaces 1
Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 3
Street Suffix Street
Electric On Property Y/N No
Total Baths 3

Exterior Features

Parking Features Asphalt,Driveway,Paved
Water Source Public
Total Parking 48.0
Inclusions {u'Licenses': True,u'Equipment': True,u'Real Estate': True,u'Inventory': True,u'Furniture': True}
Lot Size Area 0.64
Number of Buildings 1
Spa No
Building Area Total 6980.0
Lot Dimensions 200 x 140
Lot Size Acres 0.64
Road Surface Type Paved
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
AVG $690K
$1.75M
Taxes
AVG $7,815
$35,162
Visits
AVG 151
65
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1988

Your Agent

Corey Bohnsack

Associate Broker, Agent

612-662-6486

Debbie Bush

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Listed By
Bob Budreau at GREENRIDGE Realty-Ludington - (231) 845-0363

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