Escanaba, MI 49829,1016 Ludington Street
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Escanaba, MI 49829,1016 Ludington Street
Escanaba, MI 49829,1016 Ludington Street
Escanaba, MI 49829,1016 Ludington Street
Escanaba, MI 49829,1016 Ludington Street

$279,900

Est. payment /mo

$309,000

9.4%
Est.Price: ?

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1016 Ludington Street Escanaba, MI 49829

5,750 SqFt

SOLD DATE : 11/03/2025

Key Details

Sold Price $279,900

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,750 sqft

Price per Sqft $48

Subdivision Mi

MLS Listing ID 50168072

Sold Date 11/03/25

Year Built 1986

Annual Tax Amount $5,578

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50x140

Property Sub-Type Commercial/Industrial

Property Description

Exceptional Commercial Opportunity in the Heart of Downtown Escanaba – Motivated Seller & Quick Occupancy Available Located at 1016 Ludington Street in Escanaba's thriving Downtown District, this prime commercial property presents an outstanding investment opportunity. Constructed in 1986 and meticulously maintained, the building offers approximately 5,100 square feet of main-level retail space, complemented by a spacious 4,100 square foot basement perfect for storage or expansion. Recent upgrades include a brand-new roof installed in June 2023, along with modernized critical systems such as forced air heating, air conditioning condenser, electrical, and plumbing. The property is designed with accessibility in mind, featuring a handicap-accessible entrance with a remote-opening system and a dedicated accessible restroom. Built with a durable steel-framed floor system and concrete subfloor, the structure ensures long-term stability and performance. Positioned on a high-visibility stretch of Main Street, the location benefits from steady foot traffic in a vibrant community hub ideal for retail, office, or other business ventures. Quick occupancy is available, and the seller is highly motivated, offering the potential for seller financing or flexible terms to qualified buyers. Don't miss this rare opportunity to secure a standout property in one of Escanaba's most desirable commercial corridors.

Location

State MI

County Delta

Area Escanaba (21010)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C, HVAC

Exterior

Parking Features 3-5 Spaces, Off Street

Roof Type Rubber

Building

Foundation Basement

Water Public Water

Structure Type Concrete/Block,Masonry

Others

Ownership LLC

SqFt Source Assessors Data

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Commercial Loan

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by KEY REALTY DELTA COUNTY LLC
Bought with UPWARDS REAL ESTATE
Jeff McIntyre
Jeff McIntyre

Broker

+1(989) 277-3510 | jeff@homefieldmichigan.com

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