Remarks

Located in the heart of Escanaba’s Downtown District, this prime commercial property at 1016 Ludington Street offers an exceptional investment opportunity. Built in 1986 and meticulously maintained, the building features approximately 5,100 sq. ft. of main-level retail space, plus a spacious 4,100 sq. ft. basement for ample storage. Key upgrades include a brand-new roof installed in June 2023, as well as updated critical systems such as forced air, air conditioning condenser, electrical, and plumbing. The property is designed for accessibility, featuring a handicapped-accessible entrance with a remote-opening system and a dedicated restroom. A sturdy steel-framed floor system with a concrete subfloor ensures lasting structural integrity. Positioned on Main Street for maximum visibility, this location benefits from steady foot traffic in a vibrant community hub, making it ideal for various business ventures. Please note, this listing is for the building only; the existing business and inventory are not included in the sale.

Details

MLS#: 50168072
Price: $430,000

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

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