Ludington, MI 49431,239 N Jebavy Drive
Ludington, MI 49431,239 N Jebavy Drive
Ludington, MI 49431,239 N Jebavy Drive
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$975,000
Est. payment /mo
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7,200 SqFt
New

239 N Jebavy Drive Ludington, MI 49431

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Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $135

Subdivision Mi

MLS Listing ID 70476347

Year Built 1990

Annual Tax Amount $5,912

Tax Year 2024

Lot Size 2.440 Acres

Acres 2.44

Lot Dimensions 98.3x664.64x210.23x434.2x

Property Sub-Type Commercial/Industrial

Property Description

THREE 2,400 SF COMMERCIAL BUSINESS RENTALS - Each unit is fully rented and in excellent condition. Plaza has an abundance of parking spaces and plenty of room to build more units if needed. Units have had a high occupancy percentage with little down time between tenants. Price per SQFT of building including the 2.4A lot and paved parking is $135/SQFT. Well below new construction costs. As a landlord, this could be a good choice for a passive income.

Location

State MI

County Mason

Area Pere Marquette Twp (53010)

Interior

Heating Forced Air

Exterior

Parking Features 21+ Spaces

Roof Type Composite

Building

Structure Type Brick,Frame,Vinyl Siding,Wood

Others

Ownership Other/See Remarks

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by GREENRIDGE Realty Ludington

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agent

Louis Velazquez

+1(989) 954-3855

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239 N Jebavy Drive