$384,900

509 Lake Street

Ludington, Michigan 49431

Active / MLS #22003093 / Vacant Land / Ludington

Listing information updated 3/10/2025 at 6:42pm

Fantastic opportunity to own investment property overlooking PM Lake and possibly Lake MI. In the heart of the waterfront district of the City of Ludington, this parcel presents so many possibilities. Nestled near marinas, fishing boat charters, and the Boat Club, this is a great time to make your entrepreneurial dreams come true. Permitted uses are multi-family residences, many types of businesses, professional offices, museums, banks, and so much more. There is room to build condos or apartments. The property is in the Opportunity Zone, which could create tax incentives for an investor.

Full Features

Water Front:

Water Features:

Lake

Square Feet:

N/A

Lot Size:

1.97 Acres

Acreage:

1.97

Taxes & Assessments

Tax Amount:

$2,773

Tax Year:

2020

Location

Zip Code:

49431

City:

Ludington

County:

Mason

Schools

School District(s):

Ludington

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Water Front:

Water Features:

Lake

Square Feet:

N/A

Lot Size:

1.97 Acres

Acreage:

1.97

Listing Office: Greenridge Realty S Rath

Listing Office Phone: 231.843.6868

Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of SWMRIC, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.

Neighborhood Market Trends

Ludington, MI

Luddington is located in Mason County, Michigan. It has a population of just over 8,000 residents. Sitting at the head of the Pere Marquette River, the city is in Western Michigan, near the lake. Luddington is a common vacation spot, and is especially good for various outdoor activities....

Learn More

Request More Information

New Listings in Ludington, MI

Recently Sold Homes in Ludington, MI

Popular Neighborhoods near Ludington, MI

509 Lake Street is a vacant land currently listed at $384,900. This vacant land has been listed on @properties Christie's International Real Estate since January 5th, 2024.