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509 Lake Street

Ludington, MI 49431
  • $434,900
  • STATUS: Active Under Contract
  • ON SITE: 1628 Days
  • MLS #: 22003093
Under Contract
UPDATED: 14 min ago
$434,900
  • 0
    BEDS
  • 1.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:

Description

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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© 2026 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2026-07-19T23:33:22.663.
www.strongpropertiesmi.com/homes/125268472
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509 Lake Street Ludington, MI 49431

  • Price: $434,900
  • Status: Active Under Contract
  • On Site: 1628 Days
  • Updated: 14 min ago
  • MLS #: 22003093
0
Beds
0
Baths
0
½ Baths
1.97
Acres
Neighborhood:
Ludington
County:
Mason
School District:
Ludington
Property Description
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.
Exterior Features

Frontage Type [] Lot Features BuildableCleared Other Structures [] Road Surface Type [] Water Access YN No Water Type Lake YN Yes Waterfront Features Lake Waterfront YN No

Property Features

Association Amenities [] Association Fee Includes [] Auction Or For Sale For Sale Cross Street Delia Current Use Commercial Listing Terms CashConventionalContract Property Sub Type Commercial Land Sewer [] Tax Annual Amount 2773.74 Tax Year 2020 Utilities Natural Gas AvailableElectricity AvailableCable AvailableNone Water Source [] Zoning W

Listing provided courtesy of Mary Jo Pung of Greenridge Realty S Rath: 231-843-6868. © 2026 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.


© 2026 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2026-07-19T23:33:22.663.
 
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