209 S Rath Avenue
Ludington, MI 49431

Description

Zoning was changed in 2017 to Waterfront Central Business (see attachment). Property that fronts on Filer Street has 2 homes on it, one is vacant, the other is a 2 unit that rents for $375 up and $550 down. The property also has a 4-unit storage building that fronts on the alley- if fully rented, would generate $125-$150/month, making gross rental income $1,050/month. Property has excellent development potential, and is directly across the street from West Shore Bank, main office. This is a large and beautiful site, 3 parcels, 2 full city lots!3 Tax ID's53-051-541-006-0053-051-541-007-0053-051-541-007-50

Details

MLS#17049173
StyleRetail
Sub-TypeResale
StatusActive
Year1900
Days On Site262

Features

SQ Feet2,034
Story(s)1
ZoningWCB

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Area Information

StateMI
CountyMason
CityLudington
Zip Code49431
AreaMasonOceanaManistee - O
Listing VS Median (in 49431)
Price:
$220,000
low | high
Med:
$95,000
100% of Average
SqFt:
2,034
low | high
Med:
1,296
86.283185840708% of Average
$ / SqFt:
$108
low | high
Med:
$74
81.333044362569% of Average
On Site:
262
low | high
Med:
57.500000
100% of Average
Listing Updated: 03/24/2019
MLS Number: 17049173
Listing Provided By:
Michelle Anderson  of  CENTURY 21 Bayshore
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.