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Lot/land
  • Price increase: $50K (6/25)
    $434,900

    509 Lake St, Ludington, MI 49431

    --beds
    --baths
    1.97Acres
    Land
    Built in ----
    1.97 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    1289 days
    on Zillow
    |
    149
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 25, 2025 at 02:52am

    Listed by:

    Mary Jo Pung 231-690-1587,

    Greenridge Realty S Rath 231-843-6868

    Source: Realcomp II,MLS#: 67022003093MLS Logo
    Travel times

    Facts & features

    Property

    Features
    • Has view: Yes
    • Waterfront features: Lake, Public Lake
    Lot
    • Size: 1.97 Acres
    • Dimensions: 860 x 100
    • Features: Buildable, Cleared
    Details
    • Parcel number: 5305159004001
    • Zoning description: Other

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Location
    • Region: Ludington

    Financial & listing details

    • Tax assessed value: $47,631
    • Annual tax amount: $2,773
    • Date on market: 2/1/2022
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Contract,Conventional
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