3841 US 10 $1,350,000

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    3841 US 10 Ludington, MI 49431

    • 12,500 sq. ft.
    • 1.00 Acres
    • Commercial
    • MLS# 70327371
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    Views: 29 Days On Site: 257

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    Property Details

    Investment Property for Sale. Marketplace Center is a four suite, 12,500 square foot commercial building located on US-10 in Ludington, MI. The property sits adjacent to high traffic businesses such as Home Depot, AMC Classic Theater, Applebee's Grill + Bar, Ludington Meat Company and is directly across the street from Meijer and the future Hobby Lobby (approved June 2023). With its location on US-10, Marketplace Center has great access to downtown Ludington, the Lake Michigan shoreline, and all points north and south via US-31. The tenants of Marketplace Center enjoy the use of a large pylon sign on US-10 and access to ample parking. The Rent Roll is diversified into a mix of professional office, retail, professional service and medical/physical therapy.

    • General Features
      • Acreage 1
      • Area Municipality Amber Twp (53001)
      • County Mason
      • Originating MLS West Michigan Lakeshore Association of REALTORS
      • Ownership LLC
      • Total SqFt Finished 12500
      • Waterfront Y/N No
      • Year Built 2005
    • Building Features
      • Exterior Construction Block, Steel
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water, Public Water at Street
      • Lot Size 125 x 335 x 75 x 76 x 360
      • Sewer Septic Public Sanitary, Public At Street, Storm

    Contact

    Imad Isaac

    Imad Isaac

    Owner/Broker

    RE/MAX Select

    Office Phone: 810-238-8877

    Neighborhood

    49431 (Ludington) Demographics

    47 Median Age
    140 Population Density (per sq. mile)
    38% College Educated
    $52,578 Estimated Median Income
    5,348 Estimated Total Home Owners
    2,241 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    17,286 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $345,000 Median Sales Price
    30 Homes Sold
    52 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,350,000
        8/20/2023 6:21:00 PM New in Database Source: Multiple Listing Service New Value: $1,350,000

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        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.