Remarks

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.

Details

MLS#: 50168072
Price: $309,000

Style: Commercial/Industrial
Sq Ft: 5750
Year Built: 1986

County: Delta
Lot Size: 50x140
Tax Fee: 5578