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