104 Loomis StLudington, MI 49431

Property Details for 104 Loomis St

Lot size

0.39 AC

Property type

Commercial real estate

APN

051-540-002-00

APU

5154000200

Description

This exceptional commercial property, located at 104 E Loomis in the heart of Ludington, Michigan, presents a unique investment opportunity. Boasting over 5,724 square feet of versatile space, this building is ideally situated near the Ludington Port, marinas, car ferry, and local beaches, ensuring high visibility and accessibility. The main level currently features a well-appointed beauty salon layout, including open areas, private offices, massage rooms, a tanning area, and two bathrooms. A full basement with an additional bathroom adds significant storage potential. The property benefits from a recently upgraded electrical system with 2 and 3-phase power, a central vacuum system, and high-capacity water lines. The building's construction incorporates spray foam insulation and steel support beams on both the main and lower levels, providing a robust structure and laying the groundwork for potential future development, such as the addition of apartment condos on the roof. A full kitchen is also included. Beyond the salon space, there is over 3,000 square feet of warehouse or storage garage space, further enhancing the property's functionality. A private parking lot adds to the convenience. This property offers infinite business possibilities, making it an attractive investment for a wide range of commercial ventures. The seller is offering land contract terms with substantial down payment options. This is a rare opportunity to acquire a substantial commercial property in a thriving downtown location.

• Alternative Use

  Use

  Valuation

  Residential

  $3,551,441

  Hospitality

  $3,253,101

  Educational

  $2,706,542

  Medical

  $2,799,624

  Retail

  $4,210,176

Location Insight

City

Ludington

County

Mason

State

Michigan

Latitude

43.9542

Longitude

-86.447

CBSA code

31220

CBSA name

LUDINGTON, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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