246 Dowland StLudington, MI 49431

Property Details for 246 Dowland St

Lot size

0.35 AC

Property type

Industrial properties

APN

051-583-001-00

APU

5158300100

Description

This exceptional Ludington, MI industrial property offers 68,601 square feet of versatile manufacturing and warehouse space, strategically situated on a 3.9-acre lot at 246 E Dowland St, 49431. The property comprises three single-story buildings, originally constructed in 1910 and extensively renovated in 1987. The buildings boast 16-18' ceilings, providing ample headroom for various industrial applications. Seven loading docks ensure efficient material handling, complemented by a freight elevator servicing a sizable mezzanine. Office space is included within the existing footprint. The M-1 zoning permits a range of uses, presenting opportunities for redevelopment into mixed-use projects, capitalizing on the property's water view potential. Alternatively, the property is well-suited for continued use as a warehouse or manufacturing facility. The asking price is $2,500,000, translating to $36.44 per square foot. This represents a compelling investment opportunity in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $3,187,266

  Hospitality

  $2,919,518

  Educational

  $2,429,005

  Medical

  $2,512,542

  Retail

  $3,778,452

Location Insight

City

Ludington

County

Mason

State

Michigan

Latitude

43.949

Longitude

-86.4446

CBSA code

31220

CBSA name

LUDINGTON, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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