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Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Municipality Ludington
MLS Listing ID 20026970
Sold Date 02/26/21
Full Baths 4
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1901
Annual Tax Amount $9,226
Tax Year 2020
Lot Size 0.450 Acres
Acres 0.45
Property Description
A unique building in the Central Business District, this classic style bank was originally the Ludington State Bank. It contains many notable features, including THREE functioning bank vaults in exceptional condition: a massive, gorgeous vault on main level and two others. This is your perfect opportunity for safekeeping of valuables, personal property, and other items in these uncertain times. Use the upper level for private residence, and main level for your business venture: 7000 + square feet of space in a prime location offers many potential business options. Some pre-revitalization work has already begun - just bring your vision! This building is ADA accessible, has newer boiler furnace, a dumb waiter servicing all three levels, and adjacent parking area for up to 30 spaces. Large open space and several smaller offices on both levels, and in lower level. Ludington Michigan is a Resort Mecca with beautiful beaches and dunes on Lake Michigan, unlimited outdoor and shopping activities, and great dining and spirits establishments. The SS. Badger Car Ferry to Manitowoc, WI. is less than a mile away, and Mason County Airport located 2 miles east. This remarkable building was featured in the movie THIRTY MINUTES OR LESS. Don't miss this opportunity to own the most distinctive property in Downtown Ludington.
Location
State MI
County Mason
Area Masonoceanamanistee - O
Direction US 31 to US10 west to James Street, south to property
Rooms
Basement Full
Interior
Cooling Central Air
Fireplaces Number 1
Exterior
Garage Asphalt, Driveway, Paved
Utilities Available Telephone, Cable Connected, Natural Gas Connected
Waterfront No
View Y/N No
Roof Type Concrete
Street Surface Paved
Parking Type Asphalt, Driveway, Paved
Total Parking Spaces 27
Building
Building Description Stone, Brick, Concrete, Bath Common Area, Fire Sprinkler, Security System
Sewer Public Sewer
Water Public
Structure Type Stone, Brick, Concrete
New Construction No
Schools
School District Ludington
Others
Tax ID 5305122514500
Ownership Other, LLC
Acceptable Financing Conventional, Tax Def Exchange, Cash
Listing Terms Conventional, Tax Def Exchange, Cash
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