1117 Ludington St - Storefront Retail/Residential FOR SALE


Escanaba, MI 49829
$575,000 USD
906-236-5806
1117 Ludington St, Escanaba, MI for Sale
$575,000 USD
Storefront Retail/Residential - FOR SALE
1/32
null | Request Cap Rate

1117 Ludington St
Escanaba, MI 49829


HIGHLIGHTS

  • Loyal & established clientele.
  • Turn-key operation.
  • Located in the heart of growing downtown Escanaba.

OVERVIEW

For anyone looking to bring a bar/lounge vision to life, as well as earn rental income, this is a fantastic option! There is is upstairs apartment that was gutted and is currently being worked on, which will provide a great opportunity for extra income to any buyer! Qualified buyers only please; proof of funds or pre-qualified financing is required. The building's exact year built is not known, but is believed to be around 1908. Potential buyers will be required to sign non-disclosure agreement prior to reviewing financials. Please coordinate showings with listing agent. Prior to 1pm or Mondays are optimal.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-1/R-1

APN/PARCEL ID

051-010-2930-429-003

ASK ABOUT THIS PROPERTY

Rob SullivanNorthern Michigan Land BrokersMore Info
906-236-5806

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Rob SullivanNorthern Michigan Land BrokersMore Info
906-236-5806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.