1107 and 1109 Ludington Street, Escanaba, MI 49829
1107 and 1109 Ludington Street, Escanaba, MI 49829
1107 and 1109 Ludington Street, Escanaba, MI 49829
1107 and 1109 Ludington Street, Escanaba, MI 49829
1107 and 1109 Ludington Street, Escanaba, MI 49829
1107 and 1109 Ludington Street, Escanaba, MI 49829
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 150,000
Est. payment | /mo

15,116 SqFt

Save
$ 150,000
Est. payment | /mo
Save

15,116 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 15,116 sqft

Price per Sqft $9

Subdivision Mi

MLS Listing ID 50207281

Year Built 1900

Annual Tax Amount $2,786

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 75X140

Property Sub-Type Commercial/Industrial

Property Description

Prime commercial opportunity in the heart of downtown Escanaba! Located right on the main street of downtown Escanaba, the true heartbeat of the community, this incredible commercial offering presents endless potential at an unbeatable price. This property consists of three buildings (two combined) offering well over 8,000 square feet of main-level commercial space. The visibility, foot traffic, and central location make this a rare investment opportunity in a thriving downtown district. Upstairs, you'll find over 6,000 square feet ready for your vision to come to life. Much of the heavy lifting has already been done (demo work is complete in many areas) leaving a mostly blank canvas for redevelopment, additional residential units, office suites, or creative space. Above 1107, there is an existing two-bedroom residential apartment currently generating strong rental income of $985 a month. This is a perfect opportunity to have immediate cash flow while you bring your larger plans to fruition. Please note: The unfinished portions of the second floor are currently in a demoed state and are considered hazardous. For your safety, do not cross the yellow caution tape during showings. Opportunities like this with size, location, income potential, and price do not come along often!!! Whether you're an investor, developer, or entrepreneur looking to make a mark in downtown Escanaba, this property is ready for its next chapter.

Location

State MI

County Delta

Area Escanaba (21010)

Zoning Commercial

Interior

Heating Boiler

Cooling None

Exterior

Parking Features Municipal

Roof Type Rubber

Building

Foundation Basement

Water Public Water

Structure Type Brick

Others

Ownership LLC

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Commercial Loan

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by UPWARDS REAL ESTATE

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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1107 and 1109 Ludington Street