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239 N Jebavy

Ludington, MI 49431
  • $975,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 25029686
UPDATED: 73 min ago
$975,000
  • 0
    BEDS
  • 2.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,200
    SQFT
  • $135
    $/SQFT
Type:
Commercial
Built:
1990
County:

School Ratings & Info

Description

THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/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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239 N Jebavy Ludington, MI 49431

  • Price: $975,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 73 min ago
  • MLS #: 25029686
0
Beds
0
Baths
0
½ Baths
2.44
Acres
7,200
SQFT
$135
$/SQFT
1990
Built
Neighborhood:
Pere Marquette Twp (53010)
County:
Mason
Area:
Pere Marquette Twp (53010)
Property Description
THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.
Exterior Features

Exterior Construction BrickFrameVinyl SidingWood Frontage 98 Lot Size 98.3x664.64x210.23x434.2x Parking 21+ 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 123900 Sewer Septic Storm Taxable Value 123900 Total Tax Amount 5912 Total Tax Year 2024 Type Office

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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