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215 N Jebavy

Ludington, MI 49431
  • $350,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 25029964
UPDATED: 74 min ago
$350,000
  • 0
    BEDS
  • 0.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,980
    SQFT
  • $88
    $/SQFT
Type:
Commercial
Built:
1989
County:

School Ratings & Info

Description

COMMERCIAL BUILDING - This three-unit, 3,980 SQFT building is currently fully rented by a single tenant and is in excellent condition. Situated on a 0.85A lot with 112' of frontage on a high-traffic main road, the site offers ample paved parking spaces in the front & plenty of additional space in the back for parking/storage/expansion. Price per SQFT of building including the lot & parking is $88/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-18T11:53:34.86.
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215 N Jebavy Ludington, MI 49431

  • Price: $350,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 74 min ago
  • MLS #: 25029964
0
Beds
0
Baths
0
½ Baths
0.86
Acres
3,980
SQFT
$88
$/SQFT
1989
Built
Neighborhood:
Pere Marquette Twp (53010)
County:
Mason
Area:
Pere Marquette Twp (53010)
Property Description
COMMERCIAL BUILDING - This three-unit, 3,980 SQFT building is currently fully rented by a single tenant and is in excellent condition. Situated on a 0.85A lot with 112' of frontage on a high-traffic main road, the site offers ample paved parking spaces in the front & plenty of additional space in the back for parking/storage/expansion. Price per SQFT of building including the lot & parking is $88/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.
Exterior Features

Exterior Construction FrameMetalWood Frontage 112 Lot Size 112.99' x 330' Parking 11-20 Spaces Roads City/CountyPaved Street Roofing Composite Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Business Type Office Commercial Type Commercial/Industrial Financial Terms CashConventional Municipality Pere Marquette Twp Ownership Other/See Remarks Sale Includes Real Estate Only SEV 92400 Sewer Septic Storm Taxable Value 80931 Total Tax Amount 3603 Total Tax Year 2024 Type InvestmentOffice Zoning Commercial

Listing courtesy of GREENRIDGE Realty Ludington : .

Source MLS: MiRealSource
Originating MLS: Mason Oceana Manistee Board of REALTORS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-18T11:53:34.86.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507