806 Ludington Street Escanaba, MI ^$ 135,000

806 Ludington Street

^$ 135,000

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806 Ludington Street

Escanaba, MI, 49829

^$ 135,000

Studio Baths0.0 Sq 4,320

Monthly Estimate*

^$ 897

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Studio

Commercial Property for sale in Escanaba, MI

for $135,000. This 4,320 square foot building was built in 1910 on a lot size of 0.08.

Investment Opportunity in Prime Location! Attention investors! Hereâs a fantastic chance to secure a steady income with a long-term tenant in place. The storefront has been rented, to the same tenants, for 32 years on a month-to-month basis and offers a reception area, offices, a bathroom, and basement access for storage. Storefront tenants pay their own utilities. Additionally, the 2 vacant upstairs apartments each feature a living room, kitchen, two bedrooms, a full bath, separate entrances, and laundry facilities. Parking is available in the rear. Building being sold "AS-IS". New Roof in 2021. New Windows and Door on Facade in 2022. Donât miss out on this lucrative investment opportunity!

Commercial Active

Price

^$ 135,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,308

Style

Commercial/Industrial

Lot Size

0.08

Year Built

1910

Town/City

Escanaba

County/Region

Delta

MLS | Web ID

50148780

Features

General

Heating Forced Air

Roof Rubber

Water Public Water

Status Active Active

Year Built 1910

Parking 2 Spaces

County Delta

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Escanaba

Zoning Commercial

Subdivision MI

Commercial Features ADA Accessible Occupied Private Restrooms Reception Area

Area Escanaba (21010)

Primary City Escanaba

Location Main Street

Directions 806 Ludington St Escanaba

City Escanaba

Financial Terms Cash Conventional Conventional Blend

Legal Description W 1/2 OF LOT 11 OF BLK 45 OF THE ORIGINAL PLAT.

DOM 50

Postal Code 49829

Price Per Sq Ft Total AG 31.25

Coming Soon Investment Opportunity in Prime Location! Attention investors! Hereâs a fantastic chance to secure a steady income with a long-term tenant in place. The storefront has been rented

Exterior

Exterior Brick Vinyl Siding

Frontage 25

Lot Size Area 0.08

Lot Dimensions 25x104

Water Features None

Roads City/County

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

KATHLEEN SULLIVAN

Listing Agent

Key Realty Delta County Llc

Broker

kathy@keyrealtyup.com

Affordability Calculator

$1,090

Per Month

Monthly Principal & Interest: $897
Monthly Property Taxes: $192
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Escanaba, MI

Average List Price ^$414,830

Percent of Sale Price 207%

About Escanaba, MI

12,700 Population

-5% Since 2002

^$31,131 Median Income

41.26 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/4/2024	$135,000	-14.01%	Price Down
8/24/2024	$157,000	-4.85%	Price Down
7/17/2024	$165,000		Listed Price

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806 Ludington Street, Escanaba, MI, 49829 is a Commercial Property for sale at $135,000 with 4,320 sqft and a lot size of 0.08. 806 Ludington Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 49829 which is in Escanaba, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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806 Ludington Street

Commercial Property for sale in Escanaba, MI

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