509 Lake Street, Ludington, MI 49431
MLS# 22003093 –
$434,900
Lot Size (Acres): 1.97
Property Details
Property Type: Land
Property SubType: Commercial Land
Interior & Utilities
Utilities: Natural Gas Available, Electricity Available, Cable Available, None
Exterior & Lot
Lot Size (Acres): 1.97
Lot Features: Buildable, Cleared
Waterfront Features: Lake
Location & Address
City: Ludington
State: MI
Postal Code: 49431
County: Mason
MLS Area Major: MasonOceanaManistee - O
MLS Area Minor: MasonOceanaManistee - O
Financial & Legal
List Price: 434900.00
Tax Year: 2020
Tax Assessed Value: 47631
Zoning Description: W
Listing Metadata
MLS Status: Active
Standard Status: Active
Days On Market: 1488
Photos Count: 16
Remarks
Fantastic opportunity to own investment property overlooking PM Lake and possibly Lake MI. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Nestled near marinas, fishing boat charters, and the Boat Club, this is a great time to make your entrepreneurial dreams come true. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. There is room to build condos or apartments. The property is in the Opportunity Zone, which could create tax incentives for an investor.
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Listing Provided Courtesy of
Mary Jo Pung -
Greenridge Realty S Rath -
231-843-6868
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Database last updated: Wednesday June 03, 2026 07:00 pm.
